The main house came vacant and a charity wanted to rent it for a good cause.

Yes, you read that correctly, the appeal can go either way or stay the same, you lose if the taxes go up.My brother appealed taxes on a house in Philadelphia and got a 12% reduction using the guy below:Jerald GoldfineRE Tax Associates of Pennsylvania LLCGood luck.

So that is more a way you can still lose the house, even though you thought you bought it.We have had an owner declare bankruptcy on the day of the sale, but the sale went through due to the late filing.  

I'm sure with your skillset eventually getting into land development/huge renovations/value add may be on the radar! 

House and Cottage2.

Here are some details about the property.Price: 480kAge: 1986Rent: 1100 ~ 1200/unitCoC: 3%CAP: 7%I am a first time buyer and house hacker so any insight are appreciated.

I've decided to take my experience to the next level and venture into flipping houses myself and hoping to see it become more full-time in the future.  

If you like to have a ceiling fan in your house get whatever you want and take it down when you convert it to a rental.

I think they don't like the idea of Johnny the wholesaler convincing grandma to sell her house for $150K (when it's really worth $300k), and then turning around and selling the contract for it to make an obscene amount of money relative to the work performed, all at grandma's expense.

I’m not making much on rent and the house needs HVAC upgrade as well as cosmetic repairs.