I figured this could possibly put me in a good position for a cash-out refinance when I’m ready to move on to a second property.If I stick within my budget, Philadelphia seems to offer the most housing availability, but I’m concerned about most houses available being in rougher neighborhoods.

Of course one would and should assume that the cost of a property in a "safe neighborhood" would be more than the cost of a similar property in a "dangerous neighborhood."

A quick non-political note on two topics I can’t seem to avoid: mass-deportation and tariffs.I am not concerned about the saber-rattling from the TV talking heads about “mass deportation” and “tariffs.”

My only concern to look out for is that things can go 'rural' pretty quickly if you start venturing outside of town, and most lenders are going to put the brakes on financing if the appraisal lists the property as 'rural' (has to do with what they perceive as the availability of future tenants).Watertown, NY - It probably is as good as you believe, but the lending licensing is pretty tricky up there, so its just  bit more difficult to find lenders that operate up there.

Tenants should certainly take responsibility for maintaining the property and promptly informing the landlord of any maintenance concerns.

It is a common concern, I think if you are writing competitive offers then you can request a discount.

My concerns with this is that the foreclosure could negatively affect my credit or my business.

If I represent buyers, I like to include my name and contact information along with a sentence that if anything changes after the signing but before the sale, the tenant is obligated to notify me in writing or it waives any of those changes.Buyers might have other tenant concerns that are specific to a property.

However it was not my best work so thank you for giving me the opportunity to redo the video in excel this time and very clearly educate you and your investors on the dangers of economic vacancy and the many broad assumptions you, or more accurately the guy you hired to do your underwriting, made.

Typically those purchasing cash aren't inspecting every home, they're walking it or having their go to GC walk it and already know what they see that may be a concern.