Is it comparable to the equity growth in the area you want to purchase? 

You’ll get a good look at your comparables that way.I would be glad to point you towards some more resources if needed.

I found that $100/month did very little to move the needle compared to the gain from levered appreciation.

We recommend you get management contracts from several PMCs and compare the services they cover and, more importantly, what they each DO NOT cover.

It simply compares the difference between the average purchase price to the average sold price for an investment property, and Philly just so happens to have the largest gap. 

Also if you plan to send out a lot of offers at once, the $250/month for unlimited data pulls ($0.10 each) is well worth it, compared to Agentpro's monthly cost and limited monthly pulls.

Foreclosures, short sales, and off-market deals can provide these opportunities.Target up-and-coming neighborhoods with increasing home values rather than already hot areas.Research comparable recent sales and get an inspection to accurately estimate the after-repair value (ARV) before making an offer.Follow the 70% rule - the purchase price plus renovations should not exceed 70% of the ARV to leave room for profits after selling costs.Focus renovations on maximizing returns - kitchens, bathrooms, curb appeal rather than over-improving.Hire experienced contractors and have a project manager oversee work to keep things on schedule.Price the renovated home at or just slightly below comparable recent sales to facilitate a quick sale.

Hadn't thought of Prop 13 and pulling equity from my primary, or the idea of adding up the costs from cash flow and negative cash flow to compare if this is a good move.  

when I was comparing your portfolio reporting to mine.

syndications: very high risk, very high leverage, extremely low liquidity, almost zero control, too long investment too, and mild return compare to ETF/debt investment.There're two ways to make it work for syndication :- you invest as GP (sometimes there's this thing called co-GP fund so it's less risky in theory) ; invest as senior debt or just simply invest to the lender itself, some of these bridge lender (because of the structure) would go up in value when rate go up/down because all risk has been hedged.they make money even if the rate goes higher.