Hi Ndu, Research any ongoing or proposed revitalization projects in the area, such as infrastructure improvements, new developments, or community initiatives.

As well, It would not be legal for your agent to pay you a commission.They will be wearing two hats in your proposed transaction; one as a passive investor sharing equally in the expenses and profits, and the second, as your real estate agent. 

It may even be worth posting a detailed ad of what you're looking for and proposing in the "Apts/Housing" section of Craigslist and then reposting this every few days or each week.

The buyer is proposing 60% down and 40% owner finance. 

I received 6 proposals for the work and originally had 10 companies looking at the work. 

I know I will have to go three or so stories high, but how do you decide on the what density to propose to the city?

Tobyhanna township is proposing to limit the rentals to 10% of the houses.

On the flip side, I would encourage investors to invest because it makes sense as a solid investment and NOT for any proposed tax benefits.

not sure why no one else proposed this. 

The problem with the reverse method you propose is I would have a payment for the 401k loan around $300/month and then the holding costs of the mortgage until the refinance so roughly $400-500 for a total of say $800 To me it seems like the more cost effective route to use the bloc to purchase and 401k loan for rehab.