Ultimately, it's difficult to confirm the identity of the borrower. 

It's really not a difficult deal to put together.Good Investing...

A few insights;1) It's tough out there. 2023 and 2024 were both brutally difficult leasing years in Philadelphia.

And financing from what I've heard is very difficult to get.

Quote from @Nicolas Tow: I recently purchased a 3,125 square foot empty lot in the 27th ward area of Humboldt Park Chicago and I was wondering how difficult it is to re zone from RS-3 to RS3.5 or RT 4.

How difficult or easy has it been to get tenants secured in that area?

Of course, live wherever you want, if you see that storms are becoming difficult, it is easier to sell one home and move.

Is it difficult to find reliable cleaners and handymen for the property?

Now, if management is too difficult, or the numbers do not work for you, I am all for moving on and investing elsewhere. 

It’s probably not that you’re “small potatoes” to your PM, but more a reflection of the nature of the market itself—low rents, properties with higher maintenance needs, and tenant issues.These factors make properties in these neighborhoods more difficult to manage and generally less profitable for property managers.