Property was on market for about 170 daysI originally started the STR plan for tax benefits and plan to do cost segregation as i fall into high income bracket (37%+ 11% state) saving around 50k for 600k property.I have no plan to personally use the property and this is purely investmentI thought i found a great deal because properties in the area are selling for 205-220 per sqft.

For every step forward they take it falls back two.

I also spend time each week checking Airbnb and Vrbo calendars, making sure pricing is good (I use PriceLabs but sometimes it needs tweaking), and I had a problem with Vrbo this fall blocking the entire 2025 calendar for no reason.

A neighbor has brought to my attention that a dead tree on my new property is at risk of falling onto their shed and home and that I would be responsible.

I cannot recommend working with them.In conclusion, STR Property Partners falls short on their promises, resulting in financial strain for property owners.

I am not saying they are not important considerations but there should be more to your analysis.You also rattled off two NW Philadelphia neighborhoods in East Falls and Mount Airy.

The Seller is required to disclose any material defects and a fire would definitely fall into that category. 

Btw, this all applies to owner occupied SFR sellers; commercial or investment property falls under general commercial transaction regs 

The new buyer brought a new down payment that made me whole and then some, and despite the original buyer falling behind, I continued making the underlying payment on the mortgage with reserves from his original down payment.

But with the interest rate falling and the inflation stabilizing, they might be turning around the corner.