Operating in Philly can be a big problem if the laws and regulations are not followed to a T.

maybe some of us older guys remember when RE only appreciated a few points a year at best.... all you young bucks think these huge annual appreciation numbers are the norm - they are "not" if you cant get an annual return better than that of a t-bill or CD - run .... 

@Chris Hutchens Eastside primarily (most distressed area that is a big focus outside of downtown), Harvard Place/Eastlawn, Denver Heights .. many near St Phillips Coll, UTSA, & the AT&T Ctr .. and expand out

PS Only T-Bills and FDIC Insured bank accounts are riskless.

I also don't want to unintentionally commit Mortgage fraud in my ignorance.

Id wait for a buyer's market to come your way before committing to something like that

Moreover, asking questions demonstrates your commitment to learning and your proactive approach to growth within the investment community.A crucial tip for maximizing your learning experience is to come prepared with a notepad and pen.

Once the lease is signed, they've committed.

@Henry T. from what I have experienced NJ is fine if you know the areas to avoid.   

We value your tenancy and are committed to working together to ensure a positive living experience for everyone involved.Warm regards,