Since flood insurance is based on the lowest "living" level, if the downstairs is deemed as living space your premium would jump substantially.

I am a still looking for my first deal and have identified quite a few houses they have available as good options, but am hesitant about the 10% sellers premium as well as the process of going through an auction. 

In this case, a mostly empty building will not generally carry as high of a premium in price, since you as the buyer would then have to put in the foot-work to value-add, build-out, and lease up the property.

Prior was larger and $1300.Bhre premium semi gloss does not spray well.

(iii) Changes in the amount of rental payments to cover additional costs in operating the rental premises incurred by the lessor because of increases in ad valorem property taxes, charges for the electricity, heating fuel, water, or sanitary sewer services consumed at the property, or increases in premiums paid for liability, fire, or worker compensation insurance.There ya go.

I mean who doesn't want a multi in Philly nowadays, that being said, especially looking for a new construction multi is gonna be near impossible because anyone who builds one is not looking to sell it, unless for an extreme premium, and even then just the inventory for that is next to none.Definitely do your research on the builder, but I would recommend looking into a none turn key multi where you can rehab it and build more equity into it yourself.

A lesson that I learned is you obviously pay a premium for MLS properties.

A lesson that I learned is you obviously pay a premium for MLS properties.

I'm not sure about those State laws but I would try to get them on a new 12 month lease, possibly with an increase if it's warranted and if they wanted to stay MTM I'd still have them sign my lease so they have to adhere to my rules and I'd add a MTM rent premium.

You may be paying a premium now but the long game surely has to be better than giving money to taxes.