The market can be tricky with its block-by-block nature, but it's been a great fit for all-cash purchases like yours.I also have a team on the ground in Detroit that helps manage everything from finding deals to overseeing rehabs, which is crucial for out-of-state investors.

So we would buy the aceage and since the legal descriptions still called out lot and block we would just start to deed out the lots to get them on the tax rolls and the Assessor would change the maps. 

Some damage from WDI, which seller will have to address this before close.Seller is paying all closing costs, survey & title, they did a rate buy down to 5.49%, and a year warranty. 

I see some good info about down payments being bigger, buyer damages the house then defaults, etc.. 

To me the biggest issue with out of state investing and long term rentals is that you have to deal with property damages and/or evictions. 

If so, you know that Philly bends value on a block-by-block basis and the trajectory of appreciation can be wildly different from one corner to another.

If your occupancy rate drops, you may able to patch the damage by trying other platforms but this will further decrease your ranking on the system in the future. 

Its the "blocking and tackling" and going with the basics that keep you out of 90% of the problems that we see people have.

So yes, apparently sometimes you do have to go behind the brokers back to get things done when they are trying to block or delay things. 

However, if for example, the company did not install or disconnect the washer and dryer correctly (such as leaving a valve on) while water is turned off prematurely, causing damage, what language do you put in the Lease to also hold other parties accountable such as ALE and appliance install company?