I'll hit two things real quick and hopefully they help.

Rule of thumb is that waiting in real estate rarely pays off. 

I do fortunately have room to absorb that loss, but with increased taxes, insurance, and maintenance/repairs starting to get reeeeally thin on the margins 😬Yeah, I hear that.For me, real estate has always been a long-term game.

Good or bad for the City of Philadelphia and more specifically the real estate market?

Then you can read a more in-depth book like The Book On Rental Property Investing by Brandon Turner or The Unofficial Guide to Real Estate Investing by Spencer Strauss.2.

. § 452.03 states that no person may engage in or follow the business or occupation of, or advertise as a real estate broker or salesperson without a license.

What would be the return if they put it in the stock market, bonds, syndications, real estate notes, etc.

The reason I say could is because your current income, tax situation, and real estate investments can dictate if buying real estate might benefit you.

They won't be advertising "invest in this deal with 20% returns", but they will advertise their company, their track record, their view of the real estate market, etc.  

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