Can one buy a property buy pre-renting for blocks of time ahead of the actual purchase?

If you dont plan to live there, or own it in an LLC, conventional is the only way to go, FHA wont touch it. 3) Philly is very neighborhood specific, so make sure you know your streets and blocks, because they can go from "A" to "D" within a few blocks.

Roman, Parkside has some good opportunity, but like any neighborhood in Philadelphia it varies block by block.

If its an older original row home with block walls between them , the neighboring properties would have little or no effect on your tenants electric bill . 

It looks like some concrete in the driveway needs re-poured, maybe one/two pads. 

So when i discovered a distressed property just a few blocks from my house I jumped on it, and purchased it outright for cash from a wholesaler. 

Almost all have been blocked off inside, some as in my case have been boarded over leaving just the 1920s mantel.

I'd have to learn how to do comps (block by block can be different in many city's) and learn what to do to the property to get the most value.Luckily for me, I was a GC for 20 years and thus did TONS of work in major cities.

Roof is possibly the original, a/c is dated from late 90's but works, and most of the house has bare concrete floors, owner pulled all old flooring and trim up to install flooring, did only the kitchen and never finished the rest of the house.

https://www.bizjournals.com/louisville/news/2018/0...My clients have ten flips going on in a four block radius.