In comparison to personal residences, investment properties may demand additional documentation and underwriting requirements from lenders; nonetheless, a credit score of 730 is generally regarded as acceptable and may qualify for advantageous loan conditions.

Additionally, higher property taxes can sometimes correlate with better city services and amenities, which can be attractive to tenants.Cash Flow: While property prices may be higher in Philadelphia, rental demand is generally strong, especially in desirable neighborhoods.

Those POH homes are pulling in an additional $108k over the pad income and if you assume 50% expense on those homes your drawing 54k NOI for you CAP analysis.  

Share your insights, experiences, and strategies in light of these current events.Looking forward to an enriching exchange of ideas!

Appreciate your insight and expertise Johnthank you  

Additionally, because it is a new construction, it is taxed as raw land for the rest of 2024, which will only be about $30-$40 of taxes for the remaining seven months of the year. 

It s my view ADU additions in So Cal are one of the worse RE investments especially in SF areas.  

I know many wholesalers who are licensed agents, and the only thing they have to do is disclose they are real estate agents in the contract and they are not representing the seller in the transaction, but nothing else.It will be interesting to see if in VA they will require additional disclosures or not

Any insight is greatly appreciated.

Any advice or insights would be greatly appreciated.