.: My wife and I are considering getting a home closer to her family to stay in for extended periods and holidays.   

One way to get tax benefits while you're living there could be installing solar panels or upgrading the energy efficiency of the home. 

There are redemption period of 9 months in Philadelphia county

If you find the right property, you’ll likely position yourself for long-term success, even if there’s a brief vacancy period to navigate.

They will probably stick to that for a short period and then go delinquent again, but it's much easier to deal with if they violate a payment plan in most cases and at least you get some of your money back.They might be a professional tenant.

Conventional lenders typically require a 6-month seasoning period from purchase before they’ll consider the appraised value for a cash-out refinance.

Narrowing our focus on ideal clients has made us more efficient overall.

We just closed in late Dec so the financials are a work in progress but we’re projecting and tracking closely to a 55% expense ratio and should have about 11% CoC in year one through the renovation period as we get more renovated units online. 

Is it currently fully-amortizing or is there any remaining interest-only period?

Especially if the other kids follow suit, they'll likely need some kind of housing for a significant period of time nearby so buying now wouldn't be the worst move.Just my 2 cents.