Other wise it will only do damage in my opinion.This is but MY personal preference and this doesn't mean what I say on this matter is factually correct.Other than that, you nailed it.

While small claims court might seem like an option, consulting a real estate attorney is wise.

I personally invest in Ohio, but it depends on what you are looking for inventory-wise.

Wise advise I've benefitted greatly from: adding cash will bring out a taker for any deal. 

Wise!

Is this a wise move?

Quote from @James Wise: Quote from @Michael P.: New YorkLos AngelesChicagoHoustonPhoenixPhiladelphiaSan AntonioSan DiegoDallasAustinJacksonvilleSan JoseFort WorthColumbusCharlotteIndianapolisSan FranciscoSeattleDenverOklahoma CityNashvilleEl PasoWashingtonLas VegasBostonPortlandLouisvilleMemphisDetroitBaltimoreMilwaukeeAlbuquerqueTucsonFresnoSacramentoMesaKansas CityAtlantaColorado SpringsOmahaRaleighVirginia BeachLong BeachMiamiOaklandMinneapolisTulsaBakersfieldTampaWichitaArlingtonAuroraNew OrleansClevelandAnaheimHonoluluHendersonStocktonRiversideLexingtonCorpus ChristiOrlandoIrvineCincinnatiSanta AnaNewarkSaint PaulPittsburghGreensboroLincolnDurhamPlanoAnchorageJersey CitySt.

However, if you are starting out, especially with lived-in homes, it would be wise to have a home warranty.

A wise investor will not try to get rich quick with shortcuts.

Philly can be a good market to get into because of the low barrier to entry price wise - but you can fall hard if you buy wrong...