I will add that Upper Northeast Philadelphia is one of the more consistent neighborhoods over a large span area wise.

Always make sure to have written agreements in place to ensure consistency and avoid misunderstandings.Good luck!

If you value simplicity and consistent income over high appreciation potential, this might align well with your goals.

Quote from @James Kerson: @James Hamling-I gladly would have overlooked your deficiencies in English and other spheres had you not so consistently acted like a dick.

The team has to consist of a local realtor with experience in the areas, a lender with experience in commercial lending, and a contractor. 

For you to ask this, you're valuing that "16% CoC" so highly it's likely overriding the real material aspect of the investment.

These are key aspects of working with an agent especially in an area like that with the STR market.

The rents go up consistently every year which is very important for appreciation and increasing cashflow over time. 

Every experienced investor started where you are—hungry to learn and ready to grow.Lean on mentors, network like crazy, and stay consistent.

The biggest thing you can do is build your CORE 4 which consists of getting a great realtor, contractor, property manger, and attorney wherever you choose to start investing.Let me know how I can help you get going