"Your success as an investor will be determined by how you respond to punctuated moments of terror, not the years spent on cruise control." - The Psychology of Money by Morgan Housel In real estate, it's not the smooth sailing that defines us, but how we navigate the storms.

That question is often better answered by asking what you mean by that. 

If you just hire the cheapest or first PMC you speak with and it turns into a bad experience, please don’t assume ALL PMC’s are bad and start trashing PMC’s in general.

Most likely when seasoned professionals started out, they were guided and mentored by people who were levels ahead of them.

In Philadelphia you typically need a base zoning of RM1 or RTA1 for by-right 2 family uses.  

By keeping operational expenses around 35%, I aim to ensure that the property remains profitable even after accounting for maintenance, CapEx, property taxes, and vacancies.2.

However, two weeks of waiting and the cost we incurred reprogramming our feed to meet your needs, followed by tumbleweeds, is unacceptable!

Now, property values have dropped—almost to the point where the capital gain tax I avoided through the exchange is offset by the decreased value.Has anyone found an effective 1031 exchange strategy that allows you to take advantage of the tax benefits while still buying the replacement property at a good price?"

It turned out the whole thing was a bit of a scam - the "lender" took a huge up front fee ($4,000) to do the deal - so it turned out they weren't really the lender... they were acting more like a broker...while it wasn't said this way, it appeared to be "after you pay us $4,000, we'll try to go and find you a loan."  

Looking forward to learning from those who have navigated similar paths.Thank you!