It is a very challenging area with little development, very little redevelopment, and few food, business, or transportation options nearby. 

Now, with fewer loopholes, we might actually see some stabilization in the market.

I just feel more comfortable to start manage nearby homes to get comfortable before we can venture to out of town places.Maybe this way of thinking is not even the best approach to start out the investing.

Hey @Graham Huber here's a couple charts on Philadelphia compared to other nearby major cities.

There’s likely a carrier that’s most aggressive in the city where your 4 unit is located and comparing your premium to that of similar properties  nearby will be the most accurate assessment and point you in the direction of the most aggressive carrier.

Lenders typically look for a DSCR of at least 1.0, meaning the property generates enough income to cover its debt obligations.Benefits for Foreign Nationals: This type of financing is particularly beneficial for foreign investors because it often has fewer documentation requirements, allowing you to leverage your property’s income potential rather than focusing on your global income.2.

It's better to sell fewer home for retail than build homes at loss.

This is why we analyze hundreds of deals but typically move forward with further research on fewer than 10.Be Mindful of Leverage: A lot of the risk in real estate comes from borrowing, not the asset itself.

My STRs will have only 10% of leverage, meaning 90% down and therefore let me take the opportunity to put only 25% down without a personal guarantee on a (nearby) property I am also investing in.

Try to find a local, trusted one in Tampa or nearby area.