This is a single-family home in a commercial and multifamily zone, so I believe that if the right investor obtained this property, it could be acquired at a higher price due to its potential for significantly higher cash flow.I'm wondering if I can increase my asking price because of the property's zoning potential.

Success usually is a combination in varying amounts of hard work, good decisions, and a some luck.When arbitrage comes up on here, as it often does, I am usually "gloom and doom" playing devils advocate because the OP is usually on an emotional high from watching a YouTube video about making 6 figures overnight doing arbitrage.I started my business in 2016 with a high end arbitrage, then began acquiring my own, and lastly into management. 

Since you are beginning to acquire multifamily properties, you will be taking a loan under your own name i.e. you are the guarantor.

Purchase price: $155,000 Cash invested: $15,000 My investor was excited to acquire this condo in the Folcroft neighborhood of Delaware county.

The property was acquired for $200,000, with a minimal renovation budget of $5,000, and a promising resale value of $251,000.

I'm looking for ideas on how to handle a potential bust cycle and prevent it from blocking my progress towards acquiring a second property.

If you've been unable to do so using their phone or email, which you also acquired in their application, you'll have the option of reaching out to one of their contacts to let them know that you need to settle the balance for the tenants' security deposit, and request a current address - or ask the contact person to have the tenant contact you.

Since it is your first deal, some things to consider before acquiring would be:- Have you underwrote to account for unexpected expenses?

Theft vandilism etc.. you know the hood..  I

Set your sights on acquiring another solid deal.