@Matthew DekkerIt's exciting to start investing in rental properties in the Philadelphia region, and even with a little initial investment, there are a number of tactics you may take into account.

I have heard on podcasts that regional banks and portfolio lenders/in house lenders(not selling loans to freddie/fanny) can sometimes offer 6 month seasoning period for cashout refi. 

One might even argue you are more vulnerable going full turnkey PM as you will have zero visibility on your investment until you actually visit it since you will be at the whims of whatever the PM thinks is best for your asset.  

Are there any specific regions or neighborhoods where you're experiencing favorable rent rates relative to property acquisition costs?

I would love to get some connections in that region too, before I really head to that way.

We identified 6-8 key metrics that we are evaluating (Population Growth, Landlord-Tenant Friendly, Cost of Living Index, Regional Price Parity, Average Rent, job Growth, Rental Vacancy Rate).

This region is well-suited for MHPs and offers unrestricted land.

Please explain the vulnerability.

One city that stands out in this region is Columbus, Ohio.

While California and most NW region is at all time low in 2024.We're all in different trajectory.