The key is really learning how to buy it right.

And that both properties are turn key with maybe some room to update over time.At first glance most would say go for the cash flow, but I was thinking about the benefits of the higher purchase price as well.

Unfortunately I don't have any contacts in that area but if you drop a couple city names in a forum post you might set off someone's key word alert. 

Key being you have no loan on this and it was all cash purchase.

Agreed to buy two properties from a Turn-Key / property management company.

Philadelphia is pretty big, so understanding which neighborhoods will be key. 

So does this mean that In January it will be the standard or will there need to be more factors for it to be accepted across the board?

see a case study what happens and who makes money when you buy a investment property from turnkey provider.Say investor bought a property of $100 k from turn key provider.

Since I was legally required to wait until the 15th of the month to give the 3-day pay or quit notice- and couldn't enforce my late fee or indemnification clause - I decided to pay cash for keys and get the unit back Nov. 8.

So far I've read Frank Gallinelli's book - What Every Real Estate Investor Needs To Know About Cash Flow...And 36 Other Key Financial Measure, and Brandon Turner's book The Book on Investing in Real Estate with No and low Money Down.