It's highly recommended to seek personalized advice from a qualified CPA, EA, or tax professional who can assess your specific situation based on the facts presented

The wild card in Philly is the Office of Property Assessment and their crazy assessments.

I only use Zillow but want to ask is a more comprehensive listing that I can access (for example, which is the preferred source for foreclosure homes). 

We could be wrong, but it doesn't seem likely.Carini did the math for you early, if after repairs it assess for 240k as you suggest, you'll be able to refinance and pull out 187k, of which about 116k will go to paying off your previous mortgage leaving you with 71k to go plan your next move.This is very compatible with living in the house and getting roommates. 

Off the top of my head: transfer tax is assessed in my area if I change title. 

Are there any special assessments on the horizon?

Consistent non-payment by tenants can result in penalties or even the termination of their voucher, incentivizing compliance with payment responsibilities.As a landlord, it's crucial to assess the financial feasibility of accepting Section 8 tenants given the rent differential.

However, I want to ensure that my rental contract is comprehensive and protects both my interests and those of my tenants.I'd greatly appreciate any advice or tips on what to include in a medium-term rental contract.

As Tyler said, we can help you assess communities, home types and even understand occupancy/revenue projections for individual homes.

This ordinance is significant for its comprehensive approach to addressing source-of-income discrimination, particularly in the context of housing and rental opportunities.Key aspects of this ordinance include:The creation of a $1 million Landlord Risk Mitigation Program to financially assist landlords who accept tenants with vouchers, such as Section 8.Establishment of a landlord liaison position within the City’s Housing Department to facilitate communication and support.Landlords are allowed to deny rental applications based on individualized assessments, such as criminal convictions, credit scores, and eviction history, but the ordinance also sets clear guidelines for what can and cannot be considered.It includes a delayed effective date, allowing time for landlords and tenants to adjust to the new regulations.The ordinance also specifies that certain properties, particularly older houses that cannot easily comply with current codes, are exempt from some of the source-of-income requirements.The guidelines provided by Kansas City's Ordinance 231019, detailing what can and cannot be considered in rental applications, include several notable points aimed at balancing the rights and concerns of both tenants and landlords:Individualized Assessment Allowed:Landlords can deny rental applications based on specific, individualized factors, including criminal convictions, credit score, eviction history, alleged damages, and rent-to-income ratio.