Our inspection report came back on Feb 21st and the home tested positive for Radan.

Purchase price: $220,000 Cash invested: $55,000 This is my first investment property/primary residence.

:Class A Properties:Cashflow vs Appreciation: Typically, 3-5 years for positive cashflow, but you get highest relative rent & value appreciation.Vacancy Est: Historically 10%, 5% the more recent norm.Tenant Pool: Majority will have FICO scores of 680+, zero evictions in last 7 years.Class B Properties:Cashflow vs Appreciation: Typically, decent amount of relative rent & value appreciation.Vacancy Est: Historically 10%, 5% should be applied only if proper research done to support.Tenant Pool: Majority will have FICO scores of 620-680, some blemishes, but should have no evictions in last 5 yearsClass C Properties:Cashflow vs Appreciation: Typically, high cashflow and at the lower end of relative rent & value appreciation.

Thank you,Rami Risk/reward, it’s one of the only areas in region you can get a really good deal vs peak prices, but there’s obviously the risk it doesn’t come back or that it gets worse, I’m slightly risk adverse & crime is something that I have no control over, so I’d probably not be a buyer there but the prices certainly are interesting, if I was included to invest in a down home in dc I’d probably look more Michigan park/riggs park area.

I can definitely tell you there's still a lot of positive cash flowing and 1% rule deals and you get amazing appreciation.

What are your primary revenue streams?

In PA the requirement for Adverse Possession is 21 years so if you buy at Tax Sale and hold for 21 years in PA, you can then claim Adverse Possession and the statute of limitations for appealing the Tax Sale has expired. 

Hi, I am in the position to buy a single family historic home with an ADU in the back that currently has a tenant in it paying $1600 a month including utilities.The home has 3 beds and 1 bath  and needs some light work such as floors including leveling of one bedroom where the floor is dipping, a few windows, stair repair, painting  and landscaping as it sits on a 7000sqft lot.

My primary goal is not to own the properties but to simply reinvest the lien return into the lien.

Three of the 1-BR units are rented out and the one 2-BR unit is our primary residence.