Challenges?

Meanwhile, I would guess technically when they cannot refinance after 5 years, you now have the cost of foreclosing on the property, however its done, right? 

If you purchased a house in Flood Zone X, which does not need to conform to FEMA standards and the 50% rule, yes you could technically do this.

Challenges?

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. 

The if is the challenge as ground up ADUs typically cost more. 

I started investing locally and have kept expanding after moving out of state, so I’ve got experience navigating the challenges that come with investing from a distance too.Detroit has its challenges but also some of the best potential for cash flow combined with affordable entry points.

Challenges?

This price range makes cash flow neutrality challenging, especially in desirable areas like beach or lakefront properties.

Challenges?