., Event Venues): Purchasing a property like a ranch for hosting events is possible

Do you have their banking info?

If you want to own a rental, buy one thats a 10 cap or higher with 20% down through commercial financing with a big bank.

So on my Canby Oregon project 90 homes I did the PPM route with only 5 investors where I own majority and it is me that gets the bank loans etc and runs the project investors are all passive.

Most of my clients run their SFRs at a 25%-30% (excluding vacancy/credit loss) operating expense margin and most of the banks I deal with on their DSCR loans underwrite using 35%.

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. 

If you can't get a bank to lend you money on a property, that might be a sign. 

We host an investor meet up every month in Alexandria, VA.  

I choose a larger bank (better rates), two local banks (less restrictions, and one in which I already banked.Step 3 (network with everyone): During my lunch breaks at work and in between changing diapers I would call/text anyone I knew or didn’t know to discuss real estate.

Talk to a few local banks and get preapproved - the best financing will be for properties you choose to occupy, so I'd recommend getting something with at least two units.