Some neighborhoods such as Fishtown, Northern Liberties and the surrounding areas are struggling with absorption because of an influx of new housing that was built over the course of the past few years.

It comes down to niching down to the target audience (ie 30+ years ownership, built 1980s and earlier, owner age 70+).

I do look to grow beyond two properties, but not necessarily at a rapid pace.Finally, if I were to do this, what are the proper steps in forming an LLC and then transferring them into that entity?

So I did the only thing that made sense to me which was to start investing in cash flowing real estate as rapidly as possible.

Coming in without a team built on 50+ units will be a big challenge.

I have a website built already and it's been up just floating about in the space of the internet with no organic searches.

It's a multifamily built in 1963 with galvanized pipes and I currently have two tenants on the 1st and 2nd floor.

It is very dependent on your place, location, and target guest, but I have built my properties' social following to almost 50,000 followers, with 65% direct bookings from that.

I have   maybe 10 of them but I also built 35 new builds and have one going right now.very competitive market  but aren't they all.

It is a 100 year old purpose built apartment building which was considered high end in the early 1900s, with butlers' quarters in the basement of the building, and each apartment boasting 1400 sq ft / 2 beds / 1.5 baths and maids' quarters in the back.