At least until you have the property inspected to determine the current condition and life expectancy of all major components and appliances.  

Poverty is a mental condition that has been taught to these people since birth

If you can live rent-free in a 2-4 family, that would be the best way to go.

They paid the first month's rent, plus a security deposit which is saved in my business checking account which they will get back as long as the apartment is left in serviceable condition.

With the amount of development going on in 19146 and price points over 400k for finished new construction single family homes, developers usually snap up anything under 100k in any condition quick because that's about what vacant land is going for.

@Scott Skinger I'm glad you posted this, I've noticed lately the agents seem to have no idea what they are putting in the OM and the actual numbers, tenancy, and condition of the building are nothing like the building on paper.

What houses sell and rent for vs location/size/condition. 

Some of them smokes, turning on appliances and air condition.

The buyer pays the Comission and the property always sell in it as-is condition. 

I really left the place in a perfect condition.