I personally think radon is an exaggerated risk but it's hard to sell that when your tenant is dying of cancer and suing you for failing to mitigate the exposure.Ask for the mitigation.

It just seems so hard to find any good multi-unit deals in and around Philadelphia and I am a bit weary investing in far away places.Account Closed, thanks for the suggestion.

BRRRR properties are normally purchased with short term financing (Hard Money, Private, Money, Cash, and a few other methods).  

You will have a hard time remotely running 15 spaces  with the expectation of  a third part manager.  

Until you've seen one in person,  it's hard to imagine the scope of the clean-up.  

I have not seen small condo projects because the construction defects law is not yet fixed so I think you will have a hard time finding insurance to build them.

It seems like I chose a desirable area to live and around the time the reno should be done (week of Oct 2nd) I may expect to have a tenant that week or the week after.This place was bought with hard money, 20% down.

This may be a solution and better alternative to a hard money lender for a first time flipper.

I will likely have to deal with a hard money lender.

Knowing the market is extremely hard right now (for those not investing full time, and not coming in all cash) is this a decent enough deal?