In a way wholesaling is a lot most things, it CAN be done, by people with the knowledge, experience and access to capital to do it successfully (like subject to!).

I also know high equity individuals , some are close friends, but these are not 32% or third of American population.

Hey there,Does anyone here have experience in running a mid-term rental in Philadelphia?

Is the building a single building with rooms for rent or individual units with separate entryways? 

Hello @Andres Pepping from my experience from the HUD website and what im currently receiving from rent from section 8 is a $400 difference in a bad way.

If people are getting free electricity and water, they tend to be a little less frugal :) .Then check on insurance costs for a MFH and add that to your projections.Finally, talk to your contractors and see what requires permits, what their experience has been in getting them to pass inspections, the timeline and the cost.Factor all of these into the decision to move forward or leave as is - maybe advertise it as a 4/1 with a home office with outside access and get more rent that way.One last point - I hope that the addition you mentioned was done with permits and is reflected on the tax rolls because if not, you may open a can of worms you wish you had not.

She later leveraged her experience to teach others how to harness the potential of virtual assistants globally.One crucial lesson I learned was the importance of timing.

@Mark Adams,I know of Charter Financial, but I don't have first-hand experience. 

Use it as a learning experience because, after all, that's why we're here!

There are obviously a lot more factors that go into it - real estate is always going to be a mix of the tangible property/market itself with a mix with the investor/operator including experience, risk appetite, financial situation etc.I would say however if you are just getting started in real estate - LTRs are probably (in a vacuum) the better bet as STRs are certainly more sophisticated and challenging from an investor perspective