This can be done in Texas although it is extremely rare.

@Abraham Klein recently upgraded from window units to ductless for the 1 or two months in the Poconos where it gets very hot and we are extremely pleased.

And in many cities where the demographics are very segregated (such as mine), the price jump for areas that satisfy the criteria above is quite extreme.

I finally have enough capital to purchase another investment property.In the past, I was extremely passive.

I will say your questions sketch a risk tolerance that to me is extreme in both directions.1.

In the absence on comps, you are likely to receive a disappointing appraisal.

A few things you should know about the market, Philadelphia is extremely block by block, my office is in Northern Liberties where there are 600-700k houses, and a short drive north, and your in the drug capital of the city.

I’ve spoken to the contractor about how I believe this is extremely high and he just said things take time to complete.

This isn't the end all be all, but when I was starting out, I found Neal Bawa's free course  "Best Cities for Real Estate Investing" on Udemy extremely helpful.

Extremely common.