Re rent roll, obtain copies of the executed leases and validate collection via bank statements and tax returns. 

Taxes are low in Philly.

Is your DSCR ratio greater than 1-meaning are you cash flowing (according to the lender's criteria of mortgage, property taxes and insurance (and HOA) if applicable).

The total of all depreciation taken is taxed.

I highly recommend it.If you have any other questions or need any bookkeeping or tax help, please feel free to reach out.

BUT when you're doing an arbitrage you're just getting cash flow and you're missing out on the equity and tax benefits

But yeah, but for one, I don't think the agents I am in touch with are that helpful and geared toward working with investors or willing to share good deals with foreigners/people they don't know.Good to read that you're able to find adequate opportunities.

I use Stessa to keep track of all expenses and comes handy for taxes.

But there are implications to that strategy so be sure to discuss your specific situation with qualified tax expert as this is not a tax advice and I’m not a tax expert. 

Nevada is a great place to invest because it's landlord friendly, low property taxes, tech job growth, population growth, and no state income tax.