Additionally, the price point is still cheap enough to find the 1% rule and positive cash flow and there's amazing appreciation potential.

Even with what I hope will be a positive and risk free experience, it will only be a complete lack of other offers that would ever make me consider it again.

Worth looking into for your own situation in case it helps your financial position or tax strategy. 

I have a property I'm considering seller financing with a wrap mortgage to a buyer, I'm currently refinancing the home and have the option to not escrow the taxes and insurance, which lowers the payment about 700/ month on the 1st position mortgage, BUT would escrow the T&I on the wrap mortgage. has anyone structured it that way what would be the pros and cons to structuring it this way? 

If you’re not showing any positive net rental income and you have w-2 income you don’t get to write off infinite rental expenses, including depreciation. 

Huge red flag to not have your management company up to date on the local regulations, that leaves me as the owner in a very bad position.

Most banks don't like to be in second position unless you have a lot of equity.  

I’m considering investing in the rental market in Reading, PA, and I’ve noticed some positive trends that make the area appealing.

They sell you the land (you may or may not need to put some cash down) and they carry a note in 1st position.

We work hard to keep things positive and real estate-focused (no politics or religion).