However, there continues to be a shortage of available homes for sale, and the homes that are for sale are priced on the extreme high side or are going into escrow in a matter of days, resulting in a need for rental units.A business partner of mine just recently purchased a 3 family in Western Massachusetts, remodeled kitchens bathrooms and re did the wood floors, ( all affordable renovations), and increased his rents by over 19%!!!!

Upper Kensington comparing to "rest" Kensington and Philly generalI have difficulty finding a tenant to an Upper Kensington home that is well maintained (new wood floor etc) and furnished.

It can certainly be rewarding, but you must due solid due diligence to control risk. 

There are much straighter and lighter trees that grow faster available for dimensional lumber: firs, spruces, and various other pine species.The rafters are not the biggest issue here -- a sturdy rafter structure is to be expected in a pre-truss structure, where simple solid rafters in line hold up the roof, not a complicated structure of thinner sticks taking up lots of floor space in the attic.You need to look at the attic floor from below carefully.

Fannie & Freddie want 50%+ owner occupancy, solid HOA reserves.

For awhile I was questioning if i wasn't analyzing the deals correctly but after talking within my network my math is solid so at least i'm not jumping in and making mistakes (yet). 

I have come across him a few times, and he seems like a solid guy.I am also a real estate attorney focused on serving investors with speed and cost-effectiveness. 

how did you score that much wood for only $300?

@Jessica Wood stop sweating the small stuff.

Hi, I am looking for two small kitchen's worth of cheap, old solid-wood (and/or metal) cabinets ,and I only have a couple weeks to find them.