I appreciate the responses from both of you guys.

Thanks for the response, were open to other options as well.

Happy to answer any questions.Hi @Jaycee Greene, thanks for your response. 

In hindsight, they gave loans to people who were terrible tenants, who weren't going to change just because they now owned a house.In response to the Great Recession, higher lending criteria was forced on the industry by the government.

I'm lucky to have a motivated client/investor that wants to work with me, and I feel a tremendous amount of responsibility to take care of that trust and investment.

GP's going dark on the LP's, no response to communications etc.

This is where I would focus, as these are the same attributes that attracted those responsible for the larger projects like the Bellweather District you mentioned in your initial post.With your budget I would recommend NW Philadelphia (Germantown and Mount Airy in particular).

Thank you for your response, I truly value your time and expertise.

I can't edit my response or I would.I did compliment you though:)

I invite seasoned investors to share their experience buying their first 2-4 unit properties. here are some questions to base your response/story1) how did you find your first property ?