Additional information: rZoning permit from 1/16/1956 with a variance granting this as a 3 family unitI have no building permit saying this allows this as a 3 familyI am asking for any advice specifically for Philadelphia, PA.

Happy to chat further if you have questions about a specific area.

The main reason for this is a recent update to a waitlist in Lincoln City that has expanded eligibility for specifically zoned properties. 

Or god Forbid you put some equity into the deals.. the idea that you can buy reahab and refi and not have any money in the deal works in very specific markets it simply does not work in most though so you dod the deal and maybe you get 70 or 80% of your cash back if you want to break even or cash flow positive.. if you want all your money back then U take negative cash flow until you refi and rents rise both might happen in a few years.. so temporary negative cash flow.Virtually every investor on the west coast that is paying wholesalers or off MLS etc with all money returned on refi or minimum down will be negative cash flow for a few years.. but then appreciation kicks in and thats were real wealth is created not making 200 a month.

A quick Google search turned this up:Some states, like South Carolina and Oregon, even require aspiring managers to carry a specific property manager's license.

However, I'm interested in more detailed guidelines regarding the specific categories of expenses and income, as well as any operational assumptions you might advise.For instance:General and Administrative Expenses: How do we determine if costs related to software, credit card fees, office supplies, etc., are reasonable based on the size (square footage) of the facility?

Specifically, there's job growth (Intel, Honda, Amazon, Nationwide, etc) and the population is growing (unlike Cleveland or Cincy).

I wonder if this is area specific?

Specifically, I'm interested in pursuing a cash-out refinance to leverage the equity in my investment properties.If you know of any reputable financial institutions in the area that cater to investors like myself, I'd greatly appreciate your recommendations! 

We have experience working in and around these areas do you have specific questions or concerns?