I have submitted a counter offer and hoping for a slightly lower price but in this same market it's hard to find anything. 

Section 8 is a government program that allows you to rent properties to lower-income residents in the Section 8 program. 

Like, digging into specific sub-markets and getting that super detailed intel requires more than just surface-level stuff.

And the imputed value will be used - take the tax assessor's assessed value and multiply that by the leveling factor that the PA Dept of Revenue publishes for that county for the year of the transfer and you get the imputed value.

If you could provide a general overview or a step-by-step guide at a very high level—focusing on vacancy rates, capital reserve expenses, expense ratios, and any other crucial details—it would be greatly appreciated.

This can build equity and potentially increase rental income through property appreciation.Another option is to sell one or more properties to free up equity and reduce mortgage debt, which can be useful for reinvesting or diversifying investments.refinancing one or more properties to lower monthly mortgage payments and increase cash flow could also be beneficial, especially if interest rates have decreased.the best course of action depends on the clients financial goals and risk tolerance

@Kevin SiFirst, figure out your strategy, goals, level of involvement, etc.  

If you made improvements you want to make sure that the no seasoning product will let you use the higher of the appraised value and purchase price, not the lower.

I would like to make my split level property (with mother-in law suite on the lower level) into two separate living spaces and use one unit for AirBnB. 

This means we won’t be building any buffer for maintenance, none for occupancy, etc and we would have to build that buffer out of pocket.We do have a lower interest rate so we would also keep that vs if we sell and buy another investment property, the interest rate would be higher.