Your actual property taxes alone on that will be over $10K a year in 2025 and don't forget about that supplement tax headed your way.I would suggest keeping the others and maybe changing to LTR if that will give you consistent cash flows.  

I'm looking to purchase an investment property in Allentown PA.

Also as I understand it qualification for these loans are based on the property as opposed to the borrower.

I personally would put my properties in a LLC. 

@Kris Lou Many factors go into PMC pricing:1) Locality (city/state)2) Neighborhood & Property Class (time to manage Class A < Class B < Class C < Class D)3) Property condition (slumlord properties hard to manage)4) Number of units (some economies of scale, but not as much as owners think)5) Owner expectations (some owners really want a personal assistant!)

Hey Tyler - thanks for meeting up for coffee, looking forward to partnering on some properties soon!

If you ever need help running numbers or managing your property. 

Federally, this tax is about 17%, with state rates varying from 4.5% in Kentucky to as high as 14% in California.For perspective, a property owner in California making a $100,000 profit on a home sale would pay over $17,000 in federal taxes and $14,000 in state taxes, totaling $31,000.

I haven’t decided if I wanted to start with a turnkey property, or a property that’s in need of mid/minor rehabs.  

Once they have seen the property and are interested, the prequalification and background checks will do the rest of the work in weeding out undesirable tenants for you.