Just note- there are further restriction on creating a rental unit in a cellar for single family and 2-fam.

Credit score requirementJob/income requirementDescription of yourself and other tenantsTo maximize your reach and find potential tenants, utilize various platforms, including:FacebookCraigslistApartments.comZillowRoomsterRoommate.comResponding to InquiriesOnce you create an awesome listing you will start to get inquiries.

**Windows: Missing or Substandard Counterweights/Springs** - Multiple windows had missing or substandard counterweights/springs, creating a safety hazard.10.

We have created holding WY LLC and several local LLC's.

I am currently experiencing a similar challenge to yours and have been developing software designed to assist real estate professionals like ourselves in lead organization and scheduling of showings automatically.

They have a property that has been in renovation mode for over a year, but they are still selling shares for it with no plan on how or when to get it rented and creating dividends.

We're able to assist you also located in Philadelphia . 

I know there is probably not a 100% right choice but paying $20k over without having to seems illogical in general and I would like to know everyone's thoughts.Thank you so much!

Quote from @Cody Scherle: There's no need to create an investor identity, set 5-year and 10-year goals, or any of that nonsense.

There ya go...the best choice is as clear as mud :)....... 50% NO and 50% YES.....Personal choice....... my choice would probably be NO.