Account ClosedSo what is your personal situation for this discussion to be meaningful to you. 

My aim is to diversify my income stream and utilize the skills I've gained in the tech industry in a new and meaningful way.My locality of interest is the northern suburbs of Philadelphia, specifically around Willow Grove, Warminster, Hatboro and Horsham.

On the other hand, having an extra couple of thousand in reserves might be very meaningful, and you will almost certainly need it over the next 5 years.

Running comps that are meaningful entails adjusting each one to the subject property.

Extract of their email:"...

Suggest buying gold oil on one exchange and selling it on another  to extract  a temporary price difference. it is not required to rent a unit and short-term rent it out to be called Arbitrage.

They are taking steps to put the city back on the map in meaningful ways with 2 key pieces of infrastructure that should serve as a catalyst for business growth. 2.

Either way, it does not appear there is much room to pay a meaningful preferred return to investors unless there is substantial value-add in subsequent years.  

For example my BRRRRs have always resulted in a full extraction of initial investment.- If your income is below the area median, you can look into a NACA loan. 

In the mean time, we would love any advice you may have on making meaningful connections with lenders, contractors, investor friendly Real Estate Agents....Since you are in our area, do you have any advice on the best strategy to start with?