But Germany's spa and recreation areas like Bad Kreuznach offer tremendous opportunities for excellent and above average returns in the health and wellbeing vacation sector. 

If there is no debt service probably 30% is still going of the rent is still going to operating expenses which means that you only made about 480k or so. 480k rents + 800k property is the same 1.3million roughly.

This influx of high-paying jobs (averaging $60 per hour) is expected to draw a significant number of professionals to the area, boosting demand for housing and various services.

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. 

Real estate investing is forgiving; the average person can still make money even with some big mistakes.

Adjusted for inflation, the prices of homes in a desirable location appreciate more than average wages. 

Do the math and you'll see it doesn't make sense.The best way to invest: increase earnings, reduce expenses, and save.

Mailing cards are expensive and needs to be done at scale.

If it's turn key and rented you would analyze current rents vs expenses.

So, the tenant covers just about every operating expense from maintenance, property taxes, and management fees.