Looks like a massive circle jerk!

So, I got to help a family figure things out, I got to help them reorganize and get out of a massive hole, while I make money as well...Thats example is probably the biggest reason why pre-foreclosures for me.  

The home was built in 1800, but looks like there was massive renovation done and from the looks of it I couldn't even tell it was that old.

Pool made with insulated concrete forms. 14 person hot tub.Epoxy resin covered vanities, counter tops, accent wall, closet doors, floors, to mimic marble and granite.

@Karim Elahi there are areas with massive section 8 potential and appreciation (19145,19146 areas of South Philly can be great) the areas however will depends entirely on your investment strategy.  

Props we were all in 25- 30k are now selling for 100- 150k, Biggest mistake of my life was not keeping 50 or so of the 500 I flipped there, MASSIVE mistake  

I hear ya but you need appreciation to offset the massive amount of rehab you have to do on a house thats been used as a rental over the years .. if it does not go up your going to lose principal and cut into cash flow.. got to have both to have a good IRR bottom line.. unless you Never ever sell which is quite rare actually. 

Tenant said the flapper valve on the toilet sometimes stuck-she paid the bill and arranged things with the water company...but in this day and age I'd like to think the water companies would alert users if there is a massive and continuous spike in water consumption.

Renovated all apartments, converted M2M tenants to annual leases, instituted strict rental criteria, implemented online payment portal, invested $75,000 into leasehold improvements (HVAC, drainage, exterior paint, concrete.)

Regular concrete blocks are structural, shear strength but not insulative.