But you’re right, it is very low and that’s where we’re struggling.

Passed in 1982, the law prohibits tenants living illegally in former commercial or factory buildings to be evicted.Apparently, the intent of the law was to help struggling artists (not uber-wealthy celebs) living in Manhattan studios from getting tossed out for not paying rent.  

Hi All,My name is Luke. I am totally new to real estate and am trying to gather as much information and learn as fast as possible. I own my own business but there is just something intriguing about buying, renting, fl...

End result: Vagrants, dilapidated houses, Meth labs, and more people struggling with housing.

Kensington, etc).SFH either as a cheap rental or flip is a great starting point to learn the Philly Market, the permit pulling, the population, the head aches and struggles rather than hopping for a big MFH. 

We like to share our many (MANY) lessons learned so others don't have to face the same situations/struggles we have faced.Good luck Franklin!

So far timeline has been a bit of a struggle I am continuing to push forward to get this project completed in a timely manner.

I have been struggling with computing the cashflow assuming we refinance after the new construction. 

I have been looking up all day trying to find resources online that I could copy and I'm struggling to do so. 1.

I do think the really low income areas likely struggled, but middle income areas were not a problem, at least locally for me.