As a buy and hold with a good tenant, this is great stuff and you're making me eat my words.

I unfortunately own a few homes in these areas that I bought in 2007 when I was green to the industry and now I am stuck with these homes for another 23 years.

Even if you can manage a low down payment deal, the extra interest charges from being over-leveraged eat up your income.4.

The broker likely won't care about making much per transaction because they are doing their own deals.Regular brokerages will want you selling to make them money as a green agent on a 50/50 split.

(Thanks in advance for any suggestions and advice)

There is a SFH property about 2 miles from my house that I drive by twice a day (to and from work). It's had a FSBO sign in front of it almost from the time...

(they also have a 1.5% cash back card w/o annual fees, but if you spend over $10,000/yr you are in the green)/For air travel, I use Penfed's AMEX rewards card which gives you 4% points when you book flights.

I see you have music background very interesting thats great, so do I :). philly local investors regularly have meet ups for coffee or grab something to eat together and newtork. let me know if your interested.

There are guys around here who specialize in towns like that but I understand them to be more time intensive, which eats into your profits(depending on how you value your time).

My only worry would be multiple evictions/broken leases/destroyed homes which would eat up my cash flow to pay the notes down.

The Father has been out of a job for over a year, they have five kids at home with barely a bit of food to eat.