Investing in this property on Locust Street in Philadelphia, PA, was driven by its prime location in Center City, offering proximity to cultural landmarks, business hubs, and vibrant city life.

The thing is he wants to sell it directly to me (FSBO) without the use of an agent to save on commissions.

I would defintetaly be living on an island somewhere counting money. 

I live in Clermont and depending on where you are looking $200 will be pretty tough to find at all.

Recommend you do a LOT of research on both rental and sales markets to figure out your best options. 

You would go to meetup.com and search, and also you can go to the top tool bar and search events as well on BP.Meetups, search for large teams working with investors in your area (you can do this on Zillow) or on this website.

Most small businesses fail, and he goes into great detail on how you can avoid becoming a casualty. 

@Saurabh Kukreja it all depends on what your goals are.

I've been keeping my eye on San Antonio a bit as it seems it's going through a correction and potential for cash flow may be increasing.

Depends on how old they are - kind of hard to tell from your picture.