Let me know if you need help with specific tools or anything else.

Market Insights: Are there specific neighborhoods or property types in Philadelphia that I should target as a beginner?

Use this meeting to gather their perspective on the property and understand their goals before making any offers.Keep It Informal Initially: Avoid jumping straight into specifics about pricing or terms.

That said, Detroit is very much a block-by-block market, so understanding the dynamics of specific areas is critical.For professional investors (and even newer ones), Detroit’s future is bright if you approach it with the right strategy, solid due diligence, and an understanding of the challenges.

Reason for asking is that I am trying to understand what a reasonable target rent per unit is for specific geographical areas. 

Do you have specific numbers to share with the forum, particularly with respect to your in-laws house?

I the understand the wiring for this specific purpose equipment can be considered with the tangible property. 

Speak with a CPA specific to real estate to get assistance.As others have mentioned, cost varies depending on location. 

You need a local/state specific lease.2.

Specifically, what research results told you these were two good cities to invest in?