I would agree with the sentiment shown here - Philly has some bad areas and might warrant far more than a 6.5% cap rate.Additionally, take the numbers provided with a pound of salt.

With that much driving, you should be able to pound out a bunch of podcasts in no time! 

You can try to get recommendations/referrals from other investors and that can help, but be specific about which trade(s) you're looking for and especially where the property is since many contractors in RI aren't willing to travel far (they don't have to these days).For networking, obviously this site is good, and I'd also recommend checking out local networking groups such as the RI real estate investor group and Black Diamond group in southern Mass (if you have any interest in anything in Mass.)For learning to analyze deals, I think there are probably more than enough resources here on BP but if you're looking for more long form content, I think you can also get some book recommendations here on BP as well.For finding out about your market, the best way is to get out there and pound the pavement, identifying areas you want to invest in next and then going to some open houses, talking to people in those areas (older neighbors are often very happy to share their opinions :), etc.My best tip for new investors, which sounds basic but I think is still a good one, is to keep your purchases close to home, or wherever you spend most of your time.

Show pictures of the fancy little omelet you ate at that adorable little cafe, and talk about how amazing it was.Show pictures of the current house you are flipping and ask for suggestions on colors schemes for your new kitchen.Show pictures of that latest work out you did that lost you 200 pounds overnight.THAT is what people connect to.

I'm trading it for 50 pounds of water buffalo hamburger. 

This takes a LOT of my time.If I went to get a judgement against this tenant for the balance of the lease (if I could even find them to serve court papers), the judge would tell me to go pound sand, absorb it as a business expense, go re-rent the apartment, move on with my life and quit bothering him with this "nonsense."

Would the preset dollars option matter if I'm inputting numbers in pounds?

Are you 13, 96 pounds, with no sports history or are you a 23-year-old collegiate rugby player with a bad knee injury that needs to try something new?

Although Ca will want their pound of flesh regardless.

@Khaled El Khoury pound for pound Columbus Ohio is the strongest market in the US....pick a metric and we'll compare it to any city you want...Nashville, Raleigh, Orlando, Kansas City, Indianapolis, Birmingham, Atlanta...DallasColumbus OhioOne Columbus: https://columbusregion.com/our...