If you’re doing updates to a property, they can provide you with a list of qualifications to help your property be more energy efficient maximizing tax deductions.

However, if single-family homes prove financially viable, I’m happy to continue building in that niche.Since these homes and projects are significantly cheaper than my market, the risk is relatively lower for me and can do at least two at a time.The ChallengeOne of the biggest hurdles is finding reliable contractors and subcontractors in the area.

Also, can anyone recommend a reliable company for this?

They will be your most reliable tenant.

You will not get a large enough sample size to have reliable information.

If your entity has several years of operating history and good and reliable financials, you may be able to find something. 

If you're strictly seeking off-market deals, I recommend connecting with and working with a reliable/resourceful wholesaler instead of a real estate agent.

This seemed to be the most reliable way to find someone that I feel confident is good and knows real estate. 

In a city like Philly, you will face many challenges - you need to learn the market and know the neighborhood and the block and make sure all of your numbers are within reason, you need very reliable contractors, you need a to understand the permit process, you need to be familiar with market expectations. 

It really depends on whether you prefer the hustle of managing STRs or the steadier income from LTRs.My TakeIf you’re drawn to the energy of the STR market and love the idea of working where people vacation, Florida might be the way to go.