With the exception of a few cities and areas, Italy is one of the rare places where tan estate prices have been going down over the last 15 - 20 years.

Lived in The Woodlands for almost 19 years now and been investing up in this area for the last 9.

I have expierence in new construction, that's not a problem.Here is elaboration on the last 2 items:2.

Can try to reposition to Class B, but neighborhood may impede these efforts.Vacancy Est: Historically 10%, but 15-20% should be used to also cover tenant nonpayment, eviction costs & damages.Tenant Pool: majority will have FICO scores of 560-620 (approaching 22% probability of default), many blemishes, but should have no evictions in last 2 years.

I'd be looking at multiple structures. we try to build below the average new build cost in our market in Columbus Ohio which is 515,000 last year and we target land 40-50k and urban core adjacent where we get higher price per square foot. we build for clients with margin around $190 a sq ft depending on multi or single. we can get that down in our triplex it's a little higher on our single family homes because of garages and limited economies of scale. hope that helps. idk Philly but if you show me the area and styles of homes I can give you some more insights. 

What they care about more is being close to a convention center with easy parking, a workstation, an iron board for last-minute prep, etc.

Out of my 32 properties, I’ve seen insurance rates drop by up to 40% on renewals, and property tax increases are finally slowing down compared to the crazy jumps we saw over the last five years.

But I will be honest, the rentals I have been added the last 2 years here in DFW have negative cashflowed.

I am reaching out for your expertise regarding a situation involving a seller from who I purchased a property subto an FHA loan in March of last year.

Those chasing the last 5yrs experience are going to be rather sad at what the next 5yrs hold for them I think.