There are also limitations of how much total loss from RE you can take against your W2 unless you are a RE Professional.

While $300K may not yield high returns in your market AND presumably limit you to smaller deals with less doors/units, the same amount could align you with a group of investors purchasing dozens of units elsewhere.

I have been trying to avoid the coaching programs (limited capital) but it seems like I might need one if (and/or)  not a lawyer on retainer to sort  through it all.

And yep, I was made aware a couple of years ago of that 12 person max and/or I think 4,000 sq ft limitation (or some size anyway) that requires a sprinkler system for all new construction.I don't think they're that wrong for implementing the requirement. 

You'll be surprised how many cases there have been and how the law has developed.Do a quick search for Pennsylvania tree laws or Pennsylvania tree liability and you'll see what I'm talking about.

If there are barriers that limit similar supply and you figure out how to get the housing units online, even better. 

So far I got only individuals with a rent limit of 1200-1600is it  common to let  2 - 3 individuals who don't know each other rent the house?

Thanks in advance. if it were me i would buy something i can house hack but the above is really very limited information so it really will boil down to personal preference.

Ask for higher limits so your available credit ratio is higher.

You have limited time to complete the transaction before the sale.