Retirement is still 25 years away.My total monthly expenses (not including maintenance) are $2500.

I wrote an entire post on that topic that you can read HERE including clips of the language in the note and what to be aware of.

Including land and build cost?

He posts a lot of videos and backs his opinions up with a lot of good statistics and research-Used to love Meet Kevin's real estate videos - now he's morphed into covering the economy as a whole (which includes politics, stock investing, etc).

(Im able to get into this thing for only 10K the cash on cash return is absurd from 37-56% (depending on closing paid and points i pay, its an 8% Cap, 350 cashflow (after variable expenses) Brand new.. seems like a decent first step but the functionality.. a Perfect nice 3/2/2 1400 sq pft per side is 575k , this one could be 365k if they accept my offer i sent last night)

I'm currently researching how to effectively navigate this appeal process.A bit more context:The property has a zoning permit dated 1/16/1956, which includes a variance recognizing it as a three-family unit.I do not possess a building permit that explicitly authorizes use as a three-family dwelling.I'm seeking advice tailored to the Philadelphia, PA area, particularly regarding this situation.

You want tenants who care about their financial lives so much that they ensure they have a high score because they'll make sure that all of their bills get paid on time and in full, including the rent.Feel free to reach out anytime if I can elaborate or further clarify anything!

It usually ends bad for all involved including the GP.

Also starting with a brand new property is nice for the lack of capex for a while.

Also, if you have an HOA just make sure, their specifications are also included.