My wife and I have a high w2 income and hoping to add real estate to the portfolio to diversify, learn something new, and for tax purposes. 

In 2023, we saw the city of Philadelphia conduct new tax assessments and increase taxes all across the board.

Be careful when doing business with family unless you are paying full retail value for their work.

If they are still being used does any one have an idea of the pay range for standard drive by BPO's and interior BPO's?

I'm willing to pay the extra closing to do that. 

For example, a buyer putting 20% down on a $500k home would pay around $500k in interest over the life of a typical mortgage at the current ~6.5% rate.

If I'm understanding correctly, for a cash refinance...If you buy an investment property, fix/repair it, and get a higher appraisal, you can then take the $ difference and put a down payment on another investment, etc.If so, are there tax implications with a cash refinance?

Let’s say hypothetically the P/I is $8000, the property tax is $30,000 (divided into 4 payments), and insurance is $4000 (one time a year), and the expected random maintenance  is $2000 annually? 

No tax bene's though..

You can pretty much have whatever rate you want if you're willing to pay for it.