Can try to reposition to Class B, but neighborhood may impede these efforts.Vacancy Est: Historically 10%, but 15-20% should be used to also cover tenant nonpayment, eviction costs & damages.Tenant Pool: majority will have FICO scores of 560-620 (approaching 22% probability of default), many blemishes, but should have no evictions in last 2 years.

3 bed 2 bath. its a pretty big space.

There is way more things that can be covered and any attorney can correct me on here, but these are the ways we understand how to make it work.

Get a good cap rate basically covers your financing and ideally 20% more for maintanance, prop management fees.

This is for a 3 bed 1.5-2 bath house around 1500sqft.Im in Philly area

I'd look at that as well as the Zoning Ordinance and Subdivision Ordinance, which every Pa township, borough or city has, or if they don't have those docs, they are covered by the county codes.

I think that helps cover the possible fluctuations. 

I own one half, 3 bed 3 bath, and I’m currently living in and renovating it with plans to rent down the line.

They cover the counties with online access to public records (over 2200 counties). 

If you need to cover utilities, the numbers tighten significantly, making a lower purchase price essential.Let me know if you have any further questions or want to explore these numbers in more detail—I’d be happy to help!