Depending on the municipality, the things that might need to be paid at closing will vary - but expect that all municipal utilities will need to be paid (trash, sewer, water, in Phila natural gas even); in rentals, the landlord license might be in arrears and the tenants almost certainly weren't paying utilities.

Do you mean Credit Unions and local banks, things of that nature?

I think its natural to want to learn from someone who is doing this and doing it right.

The area is going through revitalization such that condos are going up all over the place (even same block) with compelling sales prices.

Needless to say, there is an unspoken trust there, so naturally when considering ventures that put one at risk, naturally I prefer to deal with the people I trust most to have my back.Well thanks for the input everyone, Like I stated I was just curious to see a group like that currently existed.

yes.however, there was a show recently detailing the precious commodities/food/natural resources in the U.S.A.The value of these alone came to well above the trillion mark (whatever number you call that after a trillion).the US is fine; we just don't like to advertise it. :)Another thing people fail to mention (in us competing w/ China & India now) is our ability to entreprenuer.There's quite a few awesome entreprenuers on this website alone...

I don't see the same growth and revitalization happening there as here in Riverside so it is a straight cash flow neighborhood.

And then, do they invest near this type of project or simply in the city that is undertaking a revitalization?

You should do ok, but you might see a side of human nature you are not accustomed to.

I'm on so much that BP is second nature to me when thinking of real estate.