Assuming this is purely for investment sake, $55k on a $615k property isn’t a good use of your $$$.

From a pure numbers perspective, it appears to be a very good deal.

Its not real complicated, its purely a math question.

If you're buying it as purely an investment property - project for a 20-25% down payment.  

I am not familiar with Philly or the technical questions you pose.I am thinking of this from a purely investment aspect.  

If i were to be a billionaire, i wouldnt mind to put 1 mio in a pure speculative bet.

I understand that isn't what you thought initially but 15k is insane to get what you got and ended up with.There is way to much social med. crap that "get rich quick" is a pure and total smoke screen regarding real estate.

If you had a negative experience directly that would be one thing, but anything else is purely speculation from the outside looking in. 

i helped my clients gettign 200 homes purely section 8 lease in dallas area. let me know if you want to invest in dallas area.

They stink - pure and simple.