Be sure to review property tax statements and verify any zoning or code compliance documentation.

We live in a very intersting, diverse, and complicated market and understanding the intricacies is very important - especially for a new investor.Markets in the same zip code even have their own submarket and tendancies depending on location and its important to look at things hyperlocally in philly.

Quote from @Dongzi Wu: SEC Charges Self-Proclaimed 'Queen of Mobile Homes' and Three Salespeople with Fraud in Mobile Home Investment Scheme This is code for investors money is gone unless there is some bank account somewhere or there are assets.. these deals never end good.

Just for your own sake I would pick just a few zip codes to focus in on first and committ to reviewing/analyzing 50-75 properties on those zip codes.

You need his rank, time in service (you can even guess really, doesn’t vary a ton), and zip code.

For the modifications, cities generally focus on safety and code compliance, but since you're considering structural changes like wall removal and garage conversions, obtaining permits is key.

Example: I define what zip codes (or neighborhoods) that I buy in.

They had a discount code in the email newsletter, but I don't see the value add yet.

*I am not a CPA, tax professional or a lawyer*I cannot give legal advice, so all of my advice is illegal advice.As far as I know, section 469 of the tax code is what allows for the "STR loophole". 

But that doesn't seem like a good idea to me and would probably not be to code.