Which is the best, relatively safe Philly neighborhood for finding a potentially cash-flowing small MF (3 to 4 units)?

deal flow  getting deals good enough leave enough forced equity to get your cash back at refi pretty simple concept.2. cracker jack rehab crews that can get these turn overs done in time and on budget.3.

And that's not even touching on getting you into positive cash flow territory and the passive income you mentioned that you'd be looking for. 

Purchase price: $240,000 Cash invested: $200,000 Remodeled the house, all doors 3ft wide, added a wheelchair friendly bathroom and shower.

Depending on the zip code you might also check with Wells Fargo to see if they offer the down payment assistance grants in that area.Could be the buyer is just trying to save cash, so counter back with no closing costs.   

I want to buy a studentroom (very popular here, cash flow each month around 400) for about 80-90k.

One of my colleagues house hacks himself, and I plan on doing it as well once I can get the cash to put money down!

I have just enough to complete everything, but don't want to strapped for cash in case something unexpected happens until I can finish renovating and get the property cash flowing again. 

A lease to own approach will depend on how much Seller wants to cash out and eliminate the property liability.Good luck!

-ARV - 500k-Purchase Price - 400k (needs full renovation set 50k) - Down Payment - 20%-1st Hard Money Loan - 250k interest only 3 year term -2nd - Hard Money Loan - 70k interest only (interest accrues to earlier of end of term/sale/refinance) -Rate TBD but assume around 10%Investor would get a discount on ARV and be cash flow positive during the holding period.