As I am looking for the first rental property in Philly, this gave me better idea of the process and time frame.  

I guess I didn't really think about it but technically I'd be doing BRRRR since I really only want something I can rehab and have the option to just sell it if market drops or can't find a renter in my timeframe id hope to rent it in.

I can ask my team to share them with you if needed.Regarding swapping places, this is a very specific and unique scenario given the location and timeframe.

Although if you are investing for at least a decent time frame (~5 years) then having a prepayment penalty on a DSCR Loan for the property is going to be very competitive rate and terms wise with a 2nd home loan anyway - I would say the "full two points" is a little exagerratedhttps://x.com/Wildlaw406/status/1689395078589276160

That way you can also factor in expenses.  

Additionally, consider your investment goals, risk tolerance, and timeframe to make informed decisions aligned with your objectives.

They are weighing the cost of fighting the "quiet title" issue, what they are going to get at auction, the time frame of getting the property to a sale date and the cost of carrying the HOA fees, the property taxes and the homeowners insurance during that time frame.

Just a thought.also, extend the timeframe you can book out. 

It is also very inconvenient for you to manage one guest putting utilities in their name then within a short time frame having to make sure all of those utilities get switched over to the new guest.

Assess your ability to secure financing within the given timeframe and whether it aligns with your investment strategy.