The listing looks nice, the ones active in the complex are 210-235K range with you guys being at 210K.

By the way 10 years is the low end of the range that I indicate purchasing is virtually guaranteed to be a good investment.

Should have an appraisal in the range of $325K, so approx $100k in equity and we should be around 65% LTV.

Interesting post thanks for sharing.Do you believe there is a 'lack of natural market participants' in that particular price range and asset class in Philadelphia?

Ask about if leases are month to month or annual and when they end, If they don't want to tell you their rents - assume them for them at a lower range and they'll correct you with what they do get in rents.Tell them your offer and if they're interested - scheduled to meet with them or leave them with your contact info through text so you can work an actual offer from there. 

Generally, it will be in the 2-2.5% range since that is the average for on-market.

You can get solid cash-flowing single families in the 90-120k price range and duplexes in the 130-180k price range.

With debt coverage on a property at 1.8 - 2.2 range, even if the economy takes a huge downturn you can discount rents by 30-40% and still be cash flow positive.  

Give it two years and you might be playing in the 700k range 

Build-to-rent communities, purpose-built neighborhoods consisting entirely of rental units, are stepping in to fill this void, providing a viable alternative to traditional homeownership.Unlike traditional single-family homes or apartment complexes, BTR communities offer a range of housing options, from detached houses to townhomes and duplexes, tailored specifically for renters.