This creates a market for both short-term and long-term rental properties.Affordable housing, Compared to cities like New York, Washington D.C., or Boston, Philadelphia offers relatively affordable rent, or section 8 tenants, especially those who are relocating from more expensive areas. 

The house was vacant for 5 years with a new roof (5 years ago). 

The house was a 3 bed one bath.

Place these footings strategically after you have jacked the house up to proper level.

This.Also, if you were the tier 1 worker bee at a relocation company who wants to get a family housed, happy and as quickly as possible, would you accept the word of a guy who sells a course to new-to-MTR investors that "here is Eli; please send him all of your business.

You do not actually need any income if they have high enough income to afford their bills plus your new house.

My clients who invest in Section 8 housing do so in 'not quite' transitioned communities but that have low crime rates.

Or explore a 40B lottery condo purchase and look into house-hacking.

I would keep rent a little below market, then split the monthly bill between the tenants on top of rent.Old houses in cold climates get expensive in the winter.

Some are basically affordable housing and some are vacation type rentals.