We have parted ways with a bunch of "STR slumlords" as I call them but still some cheapskates remain.

The reason I say this is  a double close, is because we would require the seller to be open to seller carrying the amount that we helped cover as a second note against the property.Ex. 1st transaction: DSCR covers 70% we help cover the remaining 30%.......close transaction.2nd transaction: Title opens a second escrow account and creates a 2nd lien for say 40% against the property so we can get our funds returned.

The Philadelphia rental market remains strong, especially in high-demand areas near universities, hospitals, and transit hubs, so vacancies can generally be minimized with the right property in the right location.

Depending on these regulations, you might need to maintain a means of exit from the basement unit, such as a separate entrance to the outside, or ensure that the stairs remain accessible but secure.

And if they use public funds the property has to remain affordable housing for THIRTY YEARS which is insane.

Rent out a unit and live for the remaining year, likely paying oop for a portion of debt service or operating expenses• Holding costs have been recouped, then save remaining funds, after my oop costs, for remainder of the year or until desired saving fund reached7.

Here's why savvy investors should have San Antonio on their radar for 2025 and beyond.Steady Population GrowthSan Antonio's growth trajectory remains strong, with a 1.5% population increase since 2022 [1].

The U.S. is forming more households than ever, and that trajectory will likely remain the same due to population growth.​​

Remaining principle on the mortgage was paid by Flock at closing ( ~60K), so my shares at Flock represent the equity in the home that I’d accumulated from appreciation and principal repayment over the last 17 yrs.I like their approach/strategy.

@Tami Dzenitis just understand that he cannot give advice to you or the seller and has to remain impartial.