New tenant application - check all background, credit, criminal, eviction, etc.

Thanks Ranjit, I'll check those neighborhoods.

Check it out here: Philadelphia Tax Sale Auction MapHope this helps fellow investors—let me know if you find it useful and I can create more maps for Philly auctions!

.✅ Check DOB NOW & BIS Systems – Look up the property’s compliance history.✅ Review ECB (Environmental Control Board) Fines – Some violations carry daily penalties.✅ Look for HPD (Housing Preservation & Development) Violations – If the building has tenant complaints, HPD may have issued orders for repairs.✅ Assess FDNY Fire Code Violations – Missing sprinklers, blocked exits, or outdated fire alarms can delay approvals.📌 How to Speed Up the Process:Working with a permit expediter can help clear violations faster, making it easier to close deals and begin renovations sooner.🚨 Red Flag:❌ Buildings with pending lawsuits – Some compliance issues involve legal disputes with the city or tenants.Step 3: Close the Deal & Start the Legalization Process 🏗️Once you acquire the property, the first priority is to resolve violations and legalize any unapproved work.✅ Hire an Architect – Architectural plans must be submitted to the DOB for any structural changes.✅ Expedite Permit Filings – New permits may be required to bring illegal units, extensions, or renovations up to code.✅ Negotiate Fines & Penalties – Some ECB fines can be reduced or dismissed if corrections are made quickly.✅ Apply for Variances (If Needed) – If the building doesn’t comply with current zoning laws, a zoning variance may be required.📌 Why Speed Matters:Multifamily buildings with violations cannot be refinanced or sold easily until compliance issues are resolved.🚨 Red Flag:❌ Delaying compliance work = higher penalties – NYC charges escalating fines for unresolved violations.Step 4: Renovate & Ensure Full Compliance 🔨Once permits are approved, it’s time to start construction and bring the building up to code.✅ Address Safety Issues First – Fire alarms, sprinklers, and structural stability must meet DOB & FDNY regulations.✅ Schedule DOB Inspections – Plumbing, electrical, and mechanical work require multiple approvals before closing permits.✅ Comply with HPD Housing Regulations – If the building has rent-controlled or rent-stabilized tenants, ensure all renovations follow tenant protection laws.📌 Smart Strategy:Renovating to increase unit count (legally) can boost cash flow while fixing violations.🚨 Red Flag:❌ Unauthorized tenant evictions – Rent laws in NYC heavily protect tenants, and improper removals can lead to legal trouble.Step 5: Close Permits, Remove Violations & Secure a Letter of Completion✅Once the work is done, the final step is closing out permits & obtaining a Letter of Completion.✅ Final DOB Inspections – To ensure all corrections meet code.✅ Clear Violations from City Records – DOB, HPD, and ECB must officially dismiss violations.✅ Obtain a Letter of Completion – This proves the building is fully compliant and legally occupied.📌 Why This is Critical:Unresolved violations = major financing & resale issues.

With the smoking, if you don’t have direct evidence but strongly suspect it, consider bringing in a professional to test the air quality or check for lingering odors.

As the manager of the LLC, you can open a checking account where the funds rolled from your 401k. will land.

Listings were published in a book and realtors kept all the keys in their office there were no lock box's  you had to go to the listing brokers office and check out the keys. 

Be sure to check out the free tools BP provides to help analyze deals you may have and also market insights.

You can also check their reviews online at Google, Facebook, or Yelp.

Check it out if you havent already