That's well outside our experience level so we passed.

.- It's been well kept- Between transaction costs (e.g. broker fees, transfer fees), capital expenses, tax recapture I would need to sell it for $1.9M to break even.-  At it's height (2022), it could have sold for but $2.7M. 

And without the ability to predict future, a better mindset is "I don't know, and I don't care", cuz you know overall it is going up.But I do think local market is a little easier to predict if you have knowledge and experience, but don't count on too much to appreciation is the key I think.  

The experience highlighted the value of strong partnerships and local market knowledge.

I'm starting to do this as well.

Make sure to connect with a knowledgeable real estate agent who specializes in multi-family properties in Philadelphia to help you navigate the market and find a suitable property.Good luck!

This is where a simple, old school paper application/word document will serve you well. 

In all likelihood we'll have to quote and insure your current portfolio as well - let me know if you're open this, thanks. 

Well, history shows what happened both in terms of marginal tenants ultimately getting hurt (as did many landlords) and the Supreme Court ruling the Eviction Moratorium as unconstitutional.I see the whole idea of rent control, which is just another form of government invasion for political hopes, being bad for everyone. 

The listing price, along with prop taxes and interest, were making this property's PITI payment to be well over 3 grand.