@Arun Maheshwari we work with clients to find turnkey rentals in Houston, DFW, and San Antonio in TX, but also have 8 other markets we're in across the Midwest/midsouth.

I would never let a client purchase in certain areas of my local market....

.; and capital to pay for options, marketing, legal counsel, accounting, tax advise, etc.  

We listed strategically and were under contract in 2 weeks in the slowest part of the year (December) whereas all the other similar homes in the neighborhood have been sitting for months and still sitting on the market. 

I have a registered architect and structural PE on staff.Looking in the small multifamily market currently

Insurance market across the country is very tough, especially for older product. 

They’ve completely changed how we’ve built our rental portfolio by focusing on new construction homes in the best U.S. markets.

.: Quote from @Don Solt: Hi folks, As the topic states I'm looking to learn everything I can about the City of Philadelphia and its real-estate market.

Here’s our OPINION for the Metro Detroit market (use as a template for your target area!)

I would say it could be done, just need to have the following:#1 - Have great overall knowledge of that market, and better than agents.#2 - Learn how to run comps so you know the value of the property better than anyone. #3 - Have finances in order (i.e) is this going to be bought through conventional, cash, HML, etc.