Either that, or the "hot prequalified leads" gig, where they skim- off the cream from the results you just paid FAR to much for!)

Therefore, if the tenant must pay heat, electric, hot water, cold water, sewer or trash, their rent assistance would be lowered to accommodate the tenant utility payments. 

Hey Jeff - Happy to connect and chat through this market / refer some contacts over to you as your're right it is hot!

. - The suburbs and areas with desirable school districts are HOT.

1. you're right in the new ones from developers don't produce any cashflow. you might want to look at the secondary market to get better yields as the properties are already built and can cashflow right away. also easier to see comparable rents in the same development. check bank repos, distressed sellers and the like. you might also want to get a parking slot for added income as they can be leased out separately. it's also quite difficult to sell without one should you decide down the road. developers usually have an in-house leasing team to handle property management which we use for some of our properties.  

What made my investor interested in this deal is having the ability for multiple exit strategies in the hot neighborhood of Pottstown.

What about the hot water? 

for the previous 3 offers it was Identical.I don't want to be stuck waiting on the sidelines so with the market being this hot I am a little confused about where to go from here, should I start seeking out wholesalers, doing direct mail campaigns, targeting older listings, hunt more in off market or just keep submitting offers?

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $200,000

Cash invested: $20,000

Sale price: $377,000

This was the first house I ever purchased. It was a large...

On paper cap rate looks good and I've heard there's a hot rental market, but not sure about in practice and what quality of tenants we could expect.