Brew your own coffee, brown bag your lunch, don't go into a restaurant unless it's your second job.  

It meets once or twice a month at a local restaurant.

The primary house is in an excellent location walking distance to shopping, restaurants and metro, so I know that a long term hold may be worth it.

Many investors start off "too hot" and either overdevelop their first property or spend their money too fast - either of these behaviors will shut you down, and you won't even be able to fully realize your short-term goals.  

It's kind of like opening a restaurant - no particular skill needed, so why shouldn't *anyone* be able to be successful at it.Beyond that, I do feel social pressure on BP to be supportive, even in the face of being realistic.

In other words, when the tenants pay the bill, they will shut their lights off and turn their thermostats down.

This would be like a 2nd tour of the area, after your ride with the seller.I'd also eat in various parts of town because these everyday places (restaurants, shopping malls, grocery stores) are also where your tenants will be eating/shopping, so you get a good feel for the convenience of the area.  

James, thanks for the advice, but I wanted to make a surprise for them.Thinking about getting a disco bus for them going from restaurant to the night club

Ill lay out the details, and Im open to everyones thoughts.This house(s) is under contract, in the 19348 zip of pennsylvania. 1900's large twin, 2 blocks from the heart of the city- Restaurants/ bars/ etc.

And finally, in living in the this same community, i have recently learned that an empty lot across the street from the condo is becoming a 5-star hotel equipped with multiple restaurants.