@Michael SteinerIt's very hard to give constructive feedback without knowing more about where the property is located, the types of tenants, etc. but the only observation I have is that if this is really a "C" area, you may want to budget more for maintenance/repairs (because these types of tenants generally do not take care of buildings as well) and vacancy (because you may have longer lease up times, late payments, tenants skipping town, etc.).Other than that, I didn't see anything that stands out.

I did the same when I moved from Detroit to Philadelphia and learned a lot just by observing how my live-in AirBnB host treated his customers and handled his business.

Ask and observe what you can about each.

Hey Anthony,I am in Bellefonte, PA was a real estate agent for like 8 years, now just currently observing the Centre County Market and surrounding areas. 

I'm not an expert, but from my observations/conversations with the electrician, I believe that the issue is that the Romex has been exposed to the elements and has degraded. 

From what I have observed IT folks like RE investing as the numbers make a lot of sense.

But just so you understand the issues in question, in order to enjoy the liability protections that come from having an LLC, you need to observe the appropriate formalities.  

One observation that i did find interesting among SFR buy and holders who are multi-millionaires is that a very small percentage of their networth is allocated to the stock market.

I provide them my insight and observations pro bono because a - they are both tax clients and one of them is a personal friend and b - they are both a source of referrals for me as they will often tell such folks that they must file amended returns to show real income in order to get a loan.  

I've also been eyeing New Jersey (Hunterdon County) and Pennsylvania (Bucks County) as potential long-term living locations for myself and have even been a passive real-estate observer of those areas for a year or so now as part of my research.