I'd be looking at multiple structures. we try to build below the average new build cost in our market in Columbus Ohio which is 515,000 last year and we target land 40-50k and urban core adjacent where we get higher price per square foot. we build for clients with margin around $190 a sq ft depending on multi or single. we can get that down in our triplex it's a little higher on our single family homes because of garages and limited economies of scale. hope that helps. idk Philly but if you show me the area and styles of homes I can give you some more insights. 

The client can always use their own funds to replace debt. 

But make sure to build a strong core 4 if you invest out of state (deal finder, your property manager, your lender, and your contractor).5.

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Plumbers lower price as clients affordability drops or else they loose market share to the plumbers who do. 

I recently had a client purchase a duplex in Forest Park here in the western suburbs with this exact plan in mind.

Is it realistic to ask for and expect to get at least 2 landlord references and 2 tenant references (current clients) if I am a " small time" landlord with one property, not multiple units?

I work at Proper Realty Group in Malden and many clients of ours have section 8

We value the opportunity to work with clients and partners in the real estate community.To address @David Ramirez' suggestion, if any title issues are found, the earnest money is fully refundable.

Ensure compliance with 45-day identification and 180-day closing rules.This post does not create a CPA-Client relationship.