It's not my cup of tea, but I'm sure certain people do great with it.There are a lot of upcoming areas in Philly that I think will be safer and easier to start with... then you can always decide where to go from there.

My journey to the world of REI began with my personal experience as a renter, HGTV, Dave Ramsey podcasts, a desire to become an agent, and now the Bigger Pockets podcast.I am most enthusiastic about building a portfolio of rental properties for financial freedom.

The systems work by taking a series of points (thousands of them) but then a trained engineer needs to go through the file and coordinate it. 

After a year or two, if you so desire, you can break off and go with a discount brokerage or start your own company.

I'm looking into potentially investing for a school who is looking to go private and needs to create income.

I'm looking into potentially investing for a school who is looking to go private and needs to create income.

If you offer a certain percent of the rehab cost to go to his pocket, just make certain he doesn't have his contractor fluff the costs so both of them make more money off you.

if you decide to go ahead I would suggest doing what I did I charged One year upfront and the lease was with the parents of the occupants I had theor security numbers and they were personally responsible for any damages At no limitI first went to a real estate attorney and had him write up he lease to make sure it was all legalWorked perfectly when a group of them did nearly $10,000 worth of damages Mommy and daddy paid up within days of them leaving at the end of the school year. 

As with all homes, location and price range dictates demand but overall Tomball is a highly desired area with good amenities so a well-priced property will sell.  

As experienced investors, would you proceed knowing that the cash flow is there, but without the desired Cash on Cash return?