@J Scotthas a published book on estimating rehab costs that I've heard very positive reviews on might want to check that outBut to answer your question yeah you will want to get the house under contract otherwise you'll be wasting everyone's time.  

Hopefully there are other investors in the philadelphia and surrounding areas with success, who also were being given negative reviews of their investment strategies in the beginning.

So you might be well-served to have a business accountant review their books, and if they are unwilling to reveal, go elsewhere. 

I am excited to be joining and looking forward to learning and contributing towards this wonderful collective body of real estate knowledge. 

I purchased one recently for $6K but its in a small town, and yes its flawed, but nothing i cant deal with, I will put $4K in and have a rental, but in big cities, its a totally different story, id imagine its in a "D" area or worse, if i gota wear body armor, to go there I wouldnt want it, just my 2 cents.

Hard not to drop five to ten pounds painting a fourplex in summer...and you can go cross fit with a full body snow snow shovel in winter.

We now take this timing into consideration with any project that would potentially go into plan review for something like a second story addition.

The reason is not that there are no tenants looking, but rather: A new building is an unknown to tenants, so there are no reviews online and the amenities are a question mark; andDuring interim occupancy, which is when most investors put their units up for lease, the common areas are not yet finished, and construction activities are still taking place in the building; andThere is usually a flood of units hitting the market for rent in a new building, so anyone who choose some nicer upgrades or colours, or who has a better layout, will lease first. 6 - Transportation Anyone noticed that with each year that goes by, it takes a little longer to get around the City?

I don't see a reason to say ok, leave the offer as is, put down escrow, have a lawyer review, pay for a house inspection to just say, hey you need to fix these three things and them saying no at that point.  

Taylor Johnson thanks for reaching out.Yes I've met/spoke with a couple people from body wealth builders/specifically mandrel co.