Some food for thought:-Philly is more affordable than NYC, DC, and Boston-More and more people are beginning to work remotely -Projects may be funded by 1031 exchanges in Qualified Opportunity Zones-In 2018, the homeownership rate in Philadelphia was 52.7% according to the United States Census Bureau -Currently, inventory for Single Family houses in Philadelphia is low-In 2019, the average household income in Philly was $64,838 according to Esri

Some general food for thought:It's never too early to start building a team of experts, just be polite about the amount of time you expect them to work for free.Most Realtors only have experience with buyers looking for an owner-occupied home.

Cell phone, mileage, books, coaching, hotels, food, etc. 

It had something to do with an clean bathroom had a psychological affect that made food taste better.Then they mentioned that one thing that made the bathroom SEEM cleaner was to use bleach.

I stopped by BJ's wholesale club to pick up some bulk food since my son's college campus shut down and he's heading home.

Possibly even offer some gifts to tenants during hard times(next 30 days example), decreased rents for a month or even gift baskets with (tp/sanitizer/food)!

Valid point, but in this instance all my tenants are millennials, and they have a lot of deliveries coming in each day including  food deliveries that require doorbell. the building has thick brick walls (4 layers of brick) so cellphones barely work inside.. 

The FHA loan is pretty limited in how much of a "fixer" you guys could purchase, I bet he could qualify for a conventional loan at 3% down which may increase your options (food for thought).As far as structure goes you two should sit down and discuss length of ownership, exit strategies, etc.

The lines at the food bank stretch for miles right now.

I thought it was interesting food for thought and could be applied to real estate.