Penn Hills has had a pretty rough time with their school district’s financial situation, and because they get no help from the state, one of their only ways back to health is gouging property owners for more taxes.

It just depends on how long it's been income producing as an STR -- if it's 12+ months then you're eligible for a cash-out based on that income.

This is debt taken on to purchase DEPRECIATING, non income producing assets, like cars for personal use, vacations, food, clothing, etc.  

In other words, this property would have to rent for around $3,600 a month to be considered a healthy investment.Look at it this way.

I like the idea of that general area to produce some winter income.

Hi, tenant has been occupying property for over ten years and the seller cannot produce the lease only the renewal documentation.

I can imagine that some people will also rethink their decision on where they want to live, but I could only speculate what the net result between supply and demand could be.CategorySustained WindsTypes of Damage Due to Hurricane Winds174-95 mphVery dangerous winds will produce some damage: Well-constructed frame homes could have damage to roof, shingles, vinyl siding and gutters.

They usually paid a good price, were mostly quiet, and it produces a profit.

At the time of purchase the property was producing around 3% gross rent/purchase price.

As an investor if I have a source that brings me great deals, I will continue to look at what you offer if you have produced before.