All that will happen is ...You'll get a "$15,000 Advance" then somehow they will lower your value....include the "Advance" in the HUD and still state that they gave you the advance......ADVANCES ARE NOT NEEDED! 

:Class A Properties:Cashflow vs Appreciation: Typically, 3-5 years for positive cashflow, but you get highest relative rent & value appreciation.Vacancy Est: Historically 10%, 5% the more recent norm.Tenant Pool: Majority will have FICO scores of 680+, zero evictions in last 7 years.Class B Properties:Cashflow vs Appreciation: Typically, decent amount of relative rent & value appreciation.Vacancy Est: Historically 10%, 5% should be applied only if proper research done to support.Tenant Pool: Majority will have FICO scores of 620-680, some blemishes, but should have no evictions in last 5 yearsClass C Properties:Cashflow vs Appreciation: Typically, high cashflow and at the lower end of relative rent & value appreciation.

Do ADU or value add.  

Note the standard 401k and IRA limits will be maxed..This needs to be AFTER TAX contributions that can then convert to Roth.Thank you for any insights-pr--Respectfully ask not to be contacted directly by financial advisors seeking new clientele. 

The building represented good value and is consistent with my focus on $2M-$5M total cost projects where there is a lack of natural market participants in the Philadelphia market.

Each step is crucial in understanding the property's condition, value, and potential for investment returns.Thanks,

From what Ii understand brokers pass deals along to past client they know can close a deal and when it hits the market its almost like a graveyard...I think for myself I'd be better off closing a deal with a mom-n-pop type owner and hopefully seller-finance an older property with some value-add to force appreciation.I appreciate your response, do you have any feedback on this?

Economic Growth, proximity to Northern Va and DC, Rents vs property values, among many others.

That being said, the value of getting your foot in the door, getting your team together, and pushing through any problems you occur is priceless.

Though even growing markets don't have value or rent growth in every property in the market, but the trend does present an opportunity to experience gains.