The neighboring properties didn't have grass, and there were a few trucks up on blocks in the street.

They were delivered on the wrong block.

Hi Mike, Zoning regulations are typically very specific to location, and can change from even one block to another.

thanks seth. i was looking at another property around the block from the one i have in mind and this owner has a special warranty deed. whats that?

If my e-mail controls were so tight that I missed an important e-mail or new connection that was flagged as something else then my server might block it before it even gets there.

And a park 2 blocks away.

Philly comps are ridiculous per block in that a house can be appraised at $89K needing no work no TLC and in real good condition and a few doors down same situation another house can more than double in value and these are row homes.

Just an open verbal offer.In the mean time, he quietly bought every other property within the block with a future plan of building new offices and shopping centers once he controlled the entire block, including the gas station.

The friend told me they are going off a house down the block from this house sold 10 years ago for $135,000.00, which that is the price they are asking for now.

As Wayne mentioned, negative equity is not a good way to begin in a Sub-2 as it blocks your exits unless you poor more money in.I have purchased portfolios and I know it can be an exciting find, don't let that cloud the issue of each property needing to be a good deal.