That could mean poor tenant quality, which could lead to them not paying or eviction.

Buy good quality things once rather than poor quality and pay multiple times to replace it.

Meanwhile the  neighbors quality of life will improve once the new wall is constructed 2025 Q1 and the denser use is consistent with the Philadelphia planning commission's 2035 plan.

The best way to estimate expenses is experience and knowledge of your specific asset type and market.For vacancy, that will depend on your market and the quality/desirability of your type of unit.

Not that that means anything good or bad :-) But if you want high quality genuine coaching about investing in Philly and at a reasonable rate, I can  connect you with a wonderfully savvy, professional investor who does coaching.

Buy quality, if that means every 2-4 years not annually so be it.

Professional staging, virtual tours, and high-quality photos can help them envision how the space fits their lifestyle, whether it’s for entertaining, work, or family.To overcome the “biggest house in the neighborhood” concern, shift the focus to its uniqueness and lifestyle potential.

If you flip your flooring upgrades and appliances will probably need to be of higher quality vs a rental.

They've placed a tenant just recently so it's too early to tell the quality of the tenant.Hope this helps!

@Marc ShinLike @Andrew Steffens said, for big items, go with quality.