So now if ANYTHING happens to the property or tenants, he's forever the prime suspect.

The plus side is the rent is low for the area and it draws ton’s of migrants who rent for ever and ever.Based on the cash flow, I see this as a good investment for my local area and it fits my investment goals and budget.

Paying taxes and setting aside reserves for repairs will consume most all of that. 

Then, I will pour all of my income into real estate investing so that I can move to a legal state and quit truck driving forever.

This will be a debate that goes on here on BP forever.

While I don't particularly mind what I do, I certainly don't see myself doing it forever and view REI has a solid, long-term option to create other income streams for myself and a option I can start out in while maintaining my current job.

Keep in mind, it is very time consuming and difficult to evict someone for something other than non payment of rent. 

Don't get me wrong, this place is nice, but it's just not my "forever" home. 

through some research, I found that rezoning a property in Philadelphia is time-consuming and costly so we hesitate.For some background, we are looking within few miles of zip code 19147 (within 20 minute walk), budget under $700k, quadplex preferable or potential for a quadplex, will put 20% down. 

The real winner is the buyer he gets a great return forever if he keeps it .