This significant growth suggests a strong demand for housing in the area.- Rental Opportunities: With a rental vacancy rate of 6.0%, there's a reasonable balance between supply and demand in the rental market.

Often, units that are sitting on grade will see deterioration of the cooling fins, due to animal urine or other contaminants, and physical damage, both of which affect performance.

With a favorable market and minimal improvements needed, we saw a profitable opportunity to capitalize on the high demand in the area.

Its a great place to house hack, the rental market is in high demand so you can always find renters.

Risk Mitigation: Highlight how you’ll mitigate risks, whether through market research, contractor selection, or conservative estimates.Philly B Class Areas:Since you're targeting B Class areas, which typically have stable rental demand but may need some renovations, a structure that combines monthly interest with a lump sum at the end may appeal to lenders.

Don’t want all of my insurance policies to go up or deal with the hassle due to this neighbors negligence.Worth hiring a lawyer to send a demand letter?

A lot of the projects that are going on here aren't finished yet and new projects and developments are popping up all the time. 80 people are moving here every single week and 80 homes aren't being built, so demand is rising!

I just bought a two flat with a similar situation except they have 10 animals . 

The only thing I'll warn you is with SLC cracking down on short-term rentals, demand for the property could depend on how its zoned (e.g., does zoning allow for short-term rental use or would a future owner be at risk of it getting shut down by the city).

With current rates, inventory and demand you may have to bring a little extra down payment.But real estate investing is not a great cash flow play, it's more a net worth game.