Philadelphia has implemented various forms legislation over the years between abatements, land banks and density bonuses geared towards promoting development in areas that suffered from disinvestment and housing affordability challenges with some legislation having been more effective than others. 

its too complicated for the average investor they wont understand it.

He not only wont pay you back, but does not communicate anything with you.

Many buyers have never heard of this and wont sign them :(

They wont connect service in a unit (had service before turnover) because they're upgrading service.

As my wife says on these deals and she is always very nervous we wont really know until the deals have cycled.. but for operations so far so food communications is Excellent..

Too many people want the bigger rent but suffer thru vacancy when STARTING at a price a bit lower will produce a greater annual cash flow. 

WE wont put it on the market until its about 30 days out from CO. the other market were we are active Loudoun County VA We have 3 subidivisions going in the platting stages from 35 lots to 250 lots.. all of them have contracts on them from National builders the 35 lot is Toll  the bigger ones are Lennar..

These folks wont tell you not to pay them massive fees! 

If anyone finds a deal that meet the criteria Jerry is looking for then contact me and I will take it and pay you 10k and you wont even have to pay anything up front.