From my experience, here are some great rental neighborhoods that at or around that B level:Sharon Hill, Germantown, Fishtown, Drexel Hill (multis best), Collingdale, Cobbs Creek, Port Richmond, Pottstown, Norristown (closest to the courthouse), West Oak Lane.Of course, all of this is subjective and is by no means exhaustive.

The LP in Texas, however, had twice the fees to file than an LLC, and you had to file an LLC anyway for the GP.Also, my understanding from my accountant is that dealer status for an LP does not affect taxes paid.

NO question E and O is important..However in a FSBO situation and in a red hot market one can hire an attorney to do the paper work .. even at billable hours of 2 ro 3 hours to do it correctly that's only 1500 bucks or so and NOW you have the Attornies E and O which is better than an agents e and o

MTRs of course have a lot more turn over so the day to day management and keeping up with the postings is more time consuming than an LTR.

Are you are dealing with a "homeowner" GC rather than an "Investor" GC?  

In fact sometimes I am just paying them to go down from the springs-the lost time for people not showing up easily makes it more expensive than paying reliable people from less than an hour away.Prospective Tenants are that way too.

. :)@Brandon GoldsmithI think your description is quite accurate in that it could be helpful if you're looking at a lifestyle purchase rather than an investment purchase.

You just highlighted a perfect example of why those of us with experience and knowledge get so exhausted of even attempting to help the younger ego/arrogance filled wanna-b's.

In the mean time, since we could get an owner-occupied loan for cheaper than an investment property loan, we could get the house-hack property for very little down.

I have perfect credit and no debt.I am surprised that non-owner occupant, 3 family is penalized so much over an owner occupant.If anything, I am more capable of paying the mortgages better than an owner occupant because the property produces more than 3.5 times the mortgage payment.