This is incredibly common in Philadelphia's market if you don't invest in the correct neighborhoods.  

It is also why such neighborhoods are most likely to appreciate because those who own properties in these neighborhoods are on the correct side of the supply/demand equation.Since your post is focused on Philadelphia, the city has good fundamentals...strong Ed's & Med's, good accessibility to both NYC & DC, own port, international airport etc.

REITS can be more highly volatile where they have super strong years and really negative years for returns.An UPREIT is another tool in the toolbelt of investing.

Obviously, they should use the correct type of paint when they do it.

(It’s a great tool)I am located in Oceanside/carlsbad area.Using the VA on two places has a lot of limitations with the cost of homes in this area it makes it near impossible however having a good VA loan officer is key for part of your team.I am actually helping another client in a very similar situation.

the first step that I would take is to find an investor from the realtor in your area and you can build a lot of your network just piggybacking off of theirs with their recommendations of contractors and other professionals biggerPockets has a great tool for finding realtors.

I run a Real Estate Call Center so I'm always getting asked to recommend skip tracing tools like Lead Sherpa or Share Group.

@Nevin Wilkie, as noted, if you already closed on a conventional loan, your lender is correct that any change in ownership can cause the loan to become due immediately.There are a few options:First, most risk of being sued comes from you being a bad person.  

Asking in the correct forum will get a better response.Need a spreadsheet or form?

Using the right tool for the right investment.