It binds the landlord, but honestly has little binding effect on a tenant when they simply choose to leave.

Philadelphia has implemented various forms legislation over the years between abatements, land banks and density bonuses geared towards promoting development in areas that suffered from disinvestment and housing affordability challenges with some legislation having been more effective than others. 

I think flipping is the way to go on this project since it’s my first deal which has always been the plan but very grateful for some guidance. 5 weeks of tear out, wall paper removal 🙃, new electrical, deck supports, HVAC install…we start putting it back together!

It’s alleged features that make it more desirable than cash or gold or eve isk will go away once it’s regulated like a legitimate currency, and/or it’s features are less effectively had than something like gold.  

The cost of that trip would effectively be included in my purchase price.

2) What are the seasonal effects on real estate?

@Sushil IyerWith my experience, to analyze properties effectively, you can start with resources like MLS listings, Crexi/Loopnet, tax assessor websites, or paid tools like Costar and Reonomy.

Removes a ton of risk. 

How do I design a small yet effective real estate portfolio?

If you ask the manager to justify a fee and he starts hemming and hawing, move on or require them to remove the fee.