But primarily I am a buy and hold investor.My goal is to rehab to a level where it will attract a higher quality of tenant plus be as indestructible as possible without breaking the bank.Here are the areas where I have questions:1.

@Gautam VenkatesanHere is a link that talks about the PHP designation.http://www.nationalreiau.com/php/I don't believe their is an advantage to hold the designation, but would be interested in the quality of education that is provided.

Certainly its nothing new or info that you cant find on your own, however he puts it together in a nice audio package and explains it in a clear and simple manner.

There is so much information here, it's going to take me a year to read it all and the quality of people, experts, and advice is by far the best I have found.

It comes down to what you believe will give you the best quality of life.To balance out the emotional component if the decision, you may want to have a well thought out plan of what to do with the money so that it doesn't evaporate.

I dont know, Im running my business as usual and someone wants to send me quality leads to close?

Dallas and Houston are amazing for SFRs because they are bigger, nicer, higher quality, nicer neighborhoods, etc.

Yes, all the time and the reasons for it vary as much as the quality of tenants that you will be inheriting, which by the way, from my experience is directly proportional to how good/bad the previous owners accounting was.

My source who is friends with the owners brother says that several of them haven't paid rent in months.The neighborhood isn't bad, just seems as though it has landlords who dont value the quality of their property, never did improvements or kept it up, so it can be potentially a good buildingAfter doing some due diligence, It doesn't even have a building value under the property appraisal site.Im surely going to have to get a lawyer involved to make sure everything checks out and of course the title company to see about any liens.Im wondering how would you guys go about acquiring this property.

It is trickier than Boston in that the neighborhood quality changes very fast, especially for areas bordering North Philly.