Please reach out to @Daniel Anshus as he is a well reputable agent in the area.Our market is competitive, but still plenty of opportunity.

In short: very competitive market, reasonably good neighborhood (safe, good schools, etc.), and running the 'numbers' suggests nearly 100% return on capital invested post-rehab (though ultimately I still plan to rent).My question is: All else being equal, how much would you discount the price per square foot given the property's neighborhood? 

It's a competitive market, so you may want to prequalify with a bank that's amenable to doing a renovation mortgage.Also, set up alerts on, say, Redfin for specific areas.

DM is also highly competitive so make your letter or post card stand out by playing to your strengths and your story. 

Or does my ability to qualify for a mortgage for this type of situation decrease significantly while also increasing competition with other homebuyers?

Philly is competitive but it helps that it's a huge city so lots of deals to go around.

@Corina EufingerI have noticed that they are more willing to fight for competitive rates and be more transparent about the details.

From those calls, you will have learned what your competition is related to lot rent, the sale of homes, how many POH they have, and what incentives you may have to offer as you sell homes.Next, you can advertise a home for sale yourself as a "test ad".

As Covid-19 continues to overhang the global economic future, it has sped up the consolidation and closing of the retail market that e-commerce had already started.

Take a tour, look at the other properties inside, see how comparable they are with what you are getting ready to purchase. this is going to be your competition so I would look at what they are doing closely.