That was pretty much phased out by the 1940s.

This may be due to grounding and fire issues. 

@Ryan Pleasant What loan program were you using to purchase with that was denied during the appraisal phase?

Is this grounds for creating a hostile work environment / retaliation because of what my employer / supervisor has done.

Here are the numbers: all in Purchase price $95,500  Gross income is $21,660 this is facturing in a 5% vacancyExpenses: Property taxes $2,260, Insurance $450, Property management $2,200, Repairs and maintenance 5% $1,140, Utilities $2,025, Lawn & grounds keeping $600, Capital expenditures & miscellaneous, 5% $1,140.

Other reports I've read claims that the Philly market is HyperSupply phase, but I guess this report slightly contradicts that given median days on the market is decreasing

Purchase price: $1,800,000 Cash invested: $27,500,000 Sale price: $39,000,000 Ground up 180 unit apartment complex in one of the fastest growing markets in the nation.

Purchase price: $3,500,000 Cash invested: $37,500,000 Breaking ground on another 191 unit project that has a mix of 3 story garden style walk up and townhome units on a beautifully landscaped amenity laden grounds across the street from a 55 acre city park!

My question is: at just the application phase should I call the others and notify them that I have a qualified tenant after I get a good background/credit check first?

If you want to run your own deals, you might consider finding a boots-on-the-ground partner with a good reputation and pool capital with them to fund their deals.Dan Handford raises capital for his own deals, and @Paul Moore is more like a fund-of-funds that raises capital from passive investors to deploy with sponsors.