Plenty of well-positioned restaurants with great food and great service have failed just because they didn't get enough traction before the promoters ran out of money.If you buy multifamily real estate, however, you're buying an existing income stream.

I am more of a saver on little daily things like food.  

Until you have restored utilities I would not let tenants back into LIVE in the apartments,, no plumbing,, that's gonna be a big Poop problem, and NO electric,, is gonna be a safety hazard and issue,, no smoke detectors..

Inform LL that these issues are a safety concern. 

If you are approaching owners of tax delinquent or neglected properties in the Philly area, I would like to offer this as food for thought. 

I'll buy lunch or coffee for those in the Phoenix area (hooray free food!). 

Oh, and for some for not-so-good news this property happens to have bed bugs and a putrid smell from animals & rotting food in the fridge.

One incident I will always remember when I was doing an open house, was a little girl coming up to me, and noticing that there wasn’t a refrigerator or stove in the kitchen and asked, “Lady, don’t you have any food?”

Especially with fast-food...while many argue KFC and McDonalds will never go out, what if they do?

Hi @Sarah Godil,I would go multi family as it provides safety in numbers and generally more cash flow.