Philly is a small city so C class areas could be right next to B/A areas.You could also try and target MLS properties that have sat for long periods of time and try to submit a lower offer.

As well as coffee shops like Bottoms Up Coffee are moving in and small microbreweries like brew dog and land grant.

Realtors can chip in here for past history and future trend as I am no expert.Second, $6000 annual cost (towards negative cash flow) is but a small fraction of $80,000 additional monies that otherwise would go towards DP just to break even. 

This amounts to lost opportunity because if you had purchased RE, at the closing it can start producing return. 4) ADUs detract from the existing structure whether this is privacy, a garage, or just yard space. 5) this is related to the value added by the ADU, but there are many more buyers looking to purchase homes for their family than there are RE investors looking to purchase small unit count properties.

North of town, west of I-5: 95219 Brookside (high end gated communities; Mello Roos school taxes - so high taxes; Lincoln School District; some peat dirt problems on streets; don't know about foundations); Spanos Park West (some gated; lots of huge houses; basically built for commuters just west of I-5; Lodi School District) North of town, east of I-5: 95209 Spanos Park East, Colonial Heights (most Lodi Unified Schools; though small pocket of Lincoln Unified) North of town, east of I-5: 95207 Parkwoods and Lincoln Village (Lincoln Unified Schools; was considered best family area due to Lincoln Schools, but lots of flat tops and built since the 1950s so electrical can be kind of minimal - 1 outlet in kitchen instead of enough to use multiple appliances); lot of remodeling in this area.

I have a small rental portfolio in B class neighborhoods in the Northeast, and now looking to get into small size (16 units a year) development projects in the South Jersey/Philadelphia market.The goal is to build and sell 12 months.Since development is new to me, I need some guidance from experienced developer.

It will have a small closet I their to make it an official bedroom.

It is a small issue in context that certainly does not rise to the program being a "scam".9.

Also- you can redeem the ground rent, which means you can buy back the land for a small fee at closing.

However, there are limits to how small each unit can be.