It's a good time to review markets, but living in China there are a lot of other closer, international markets that could be options as well.

Be careful of renting in Northern liberties, fishtown, brewerytown, point breeze.

Instead of debates and personal opinion, look for proof https://www.ladbs.org/docs/default-source/forms/plan-check-2017/single-family-dwelling-duplex-plan-review-list.pdf under G (Interior Env) which defines the minimum requirement of a habitable room (aka bedroom or bathroom).

Also I understand the funds aren't available for the improvements so that is another obstacle that has me leaning towards price reductions to move on as soon as possible.The exit of lower tier SFH's is something very few investors care to consider when making their investments but deserves far more consideration. 

The nicer areas are already charging a premium so be careful. 

Be very careful who you take advice from online, you should get involved with a local attorney and a local realtor.

Dynamic pricing can be a great tool when reviewed enough and in line with the market. 

Hi Malcolm, With your strategy of holding multi-family properties or flipping, the key is running the numbers carefully to match your goals.

As long as no “healthcare” services are provided (like medication or personal care), it’s not regulated by the Department of Health.

Whereas owner occupant buyers are looking at comps, sold prices for similar nearby properties, and don't care about cash flow.