@Nina De La Cruzgreat job on this!

https://pocketsense.com/can-de...

While they do exist, there is the added level of complication because you want to live in it as well and they generally means a higher standard of living for yourself.My recommendation would be to look in Delaware County, the multi inventory is significantly higher, are typically in better condition, and always have less title issues than philly properties.I agree with @Kunal Mishra in some of his descriptions of the areas.

Cancun, los Cabos, playa de Carmen, talum, puerto Vallarta?

@Paul De Luca shared a very detailed breakdown of the process in his post above. 

Quote from @Paul De Luca: @Imran MohammedIf the property is distressed (not livable condition) and you're looking to flip, you will need a hard money loan.

Quote from @Paul De Luca: Quote from @Davin Jones: Should newbies start our journey in smaller markets or try to get in the same markets with the seasoned investors right away? 

Hi @Saleh SedighiFor California investors, you can either use an LLC that has strong charging order protection (DE, WY, TX, or NV are most common) or if you are doing a buy / hold strategy with your assets you can use a Delaware Statutory Trust.

Quote from @Paul De Luca: Quote from @Nathan Witte: Hello, my name is Nate Witte.

Additionally, it sounds to me like the basement apartment is illegal and the city would require it to be de-converted to original use if it was inspected.