Philadelphia tends to be a very stable real estate market to invest in.

I have a stable job that pays well so I would be able to cover the mortgage costs if i house hack and eliminate my current rent expense.

Also stable employment showing 2 years worth of tax returns and cash in the bank.

I would sell and 1031 into more units in a less hot/more stable market.

My goal is getting a stable monthly rent and maintain value So want it to be in an attractive area for families

Real estate can be a great investment asset for a retirement plan, as it is a stable, physical asset with the potential to create income both through cash flow and maybe appreciation. 

Rental rates are stable and increasing through these rebuild zones.

Cash flow is good, the market is generally stable and in general that's exactly what Albany has to offer.

To me, the definition would include anything that the investor or syndicator can do to the property to increase the bottom line, i.e. multiple lipstick items (spend amounts of money on specific lipstick items to generate a return on that money from increased rents or more stable tenants, on up to major adds and construction like adding pools, gyms, laundry units, major exterior renovations to turn an outdated older looking building to new or newer, etc.

Purchase price: $1,400,000 Cash invested: $400,000 Stable investment grade assetStrong tenant with solid operational metrics at siteBuilt in 2005, the building has good bonesLong-term lease with extension optionsOutstanding Location in Close Proximity to Centra Bedford Memorial HospitalProperty sits on 3.35 Acres, opening potential development opportunities What made you interested in investing in this type of deal?