And within Philadelphia, what happens in University City is very different than what happens in E Germantown or Tacony . . . not to mention the surrounding suburbs in Montco, Bucks etc. 

What skills do you bring into investing, do you have slills as a trade or handyman, good at finding/analyzing deals, connections to bring in capital, can you qualify for loans, are you good managing people(tenants, contractors) etc.I personally would do value add commercial real estate but that is based on my personality, skills and financials.

When is the best time to 1031 up to a larger property?

https://www.wdrb.com/news/us-e...Should see a slight boost to our economy.

(Knowing people in code enforcement, appraisals, PVA, county and city clerks, judge executive, etc.)

Is not receiving depreciation credit, tax credit for primary residence a good trade off for not having my name under the loan?

I love living for free and the low down payment e=requirements of owner occupied homes.

But wanted to know potential cons I would have to account for.Another question, would you trade gas heating for a 2bedroom property that has 1 full bathroom and 1 bathroom with only a shower and sink?

When I sold the condo I attempted to execute a 1031; however the deal for the property I attempted to purchase fell through (city did not issue the CO and the seller did not want to fix the issues).

About 12 years into the loan I was able to execute a cash out refinance to buy shares of the company I work for, which made a minority owner and partner*.