Philly has a ton of opportunity, but since you are new to the area, I would suggest waiting six months before you buy anything there so you can really understand the block construction of the area.

I’m not suggesting a person change their business model entirely, but usually a person either deletes something or adds something in order for a different outcome or at least a more modified outcome.What’s your thoughts?

The example does actually reflect my situation but I tried to keep it as simple as possible. 

Buy a few books, start simple, do your own property managing.

I would choose the agent who suggested the higher price.

Open to suggestion, obviously. 

The interest rate is nice, if there was a way to increase the cash flow to ~15% or greater COC you could pull a HELOC on the property for 9% and collect the delta.again though, i would suggest selling it and trying to lock up a property or two with the proceeds that required some sweat equity, force appreciation through a reno, rent it out, refinance and repeat (BRRRR)

This can be as simple as an excel spreadsheet.

Highly suggest some YT videos for training / help on the platform.

Suggestions?