You will lose money to inherent issues that plague lower income populations.

Partner Driven was interested in the Rick Rd deal in Reading, PA, due to its high profit potential.

@Bob Asad investors in high-cost areas do this all the time, but I wouldn't.They are betting on both value & rent appreciation, but it is speculation.

Particularly in Philadelphia where there’s a ton of red tape to navigate and construction costs are disproportionately high relative to other markets.Ten years ago I could walk into a district L&I office, complete a two page application and pick up a building permit without plans for a single family renovation the next day.

At the top of your screen you will find a section called "Build your Team" There, you can connect with property managers, realtors, lenders, and CPAs that specialize in real estate, and you will find Cincinnati well represented with highly reviewed professionals, by members of BiggerPockets, who are eager to compete for your business. 

Hi, I live in Boston, where housing price is ridiculously high.

That's a high risk loan, and they will charge you for that risk -- something in the 8-9% range currently.

Check in with @Joseph Chiofalo he's working on several high balance cash out transactions for clients and they can close very quickly.

However, this is less common and highly lender-dependent.Using income from an unpermitted ADU is typically not allowed by lenders for qualifying purposes.

How do investors currently invest in this market when interest rates are so high then?