At over 4000 sq ft, I'm surprised you won't be able to list for a much higher number to net a decent profit, but without knowing more specifics on the house and location, I am speculating here. 

You would have to self-manage though, as paying a property manager will eat up most of your profits.

Hello,I bought a duplex in Pensacola $75,000 under appraised value, in an amazing location.

If you are going to start BRRRRing in Philly assemble a team of real estate professionals who can help you with market analysis, location, title and financing.

@Hank Bank where are you located?

The key is making sure you have the right team in place—outside of market research, finding a trustworthy property management company is one of the most important factors in making long-distance investing successful.

I'm looking to sell my first home, which I've been renting out for the last 2 1/2 years -- I first contacted my property management company  for seller services, and they initially wanted a year exclusive selling rights.

It puts a face to management and allows to open doors for repairs if need be and makes them aware of who owns property now.

Our group works with a lot of investor buyers in both locations you mentioned.  

It will give you an entirely different prospective on investing, time management, and economic outpatient care.