Personally there are some really strong suburb areas that I would much rather invest into than Phila - lots of it is due to better landlord policy, higher demand for rentals, less competition for rentals, less headache than dealing with Phila, higher quality tenants and less risky.

I hope you did quality work, as I know many rehabbers that don't, and while the pictures look nice, seeing it in person tells a completely different story.Assuming you did a great job on the rehab, here are my 4 suggestions#1 The front looks blah.

A local resource particularly for CRE (commercial real estate) can make the difference in the transaction equating to a quality investment. - Expertise in local laws and rules: Investing in real estate is hyper localized not only for value and potential but in rules and regulations.

Make sure the home has quality furniture and items that don’t fall apart in a few years.

I would not due business again due to the nature of the financing terms and the home quality.

Having a reliable team of subcontractors that you trust to deliver high-quality work within your timeline is vital when you begin your building projects.If construction is a new area for you, I highly recommend finding a mentor in your region.

These upgrades not only improved the property's overall condition but also positioned it to attract quality tenants What was the outcome?

I have a solid PM, who manages a property for us a little more south, who is not too worried about the property being in Olympia, and says that if he places quality tenants, there shouldn't be an issue.  

This could result in higher quality tenants sooner and keeping them longer, all which have more than quantifiable effects. 

Meaning the quality and retention level of renters is high and thereby increases demand for new rentals with the increasing population growth of 1% per year.- Mobile is home of Mardi Gras which brings in a whopping quarter-of-a-billion dollars in revenue and sends hundreds of thousands of tourists to the city each year.- Mobile has the only cancer research center along the upper gulf coast providing a wide array of medical jobs to the area.- Mobile’s low cost of living and doing business provides a desired aspect to renters that can’t be achieved elsewhere, which provides a steady influx of renters thereby decreasing vacancy rates.