If you have good contactor support you can pull it off. 

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. 

real estate website Point2 has developed a list of the best places for life after college, and Austin — home of the University of Texas — hooks the No. 1 ranking.The website looked at an array of factors to come up with its ranking, such as population growth, business growth, median age, household income growth, poverty rate, and housing availability and prices.Point2 considered only the 86 places that host the country’s 100 most successful colleges and universities, as rated by U.S.

This guy should not be able to prey on other landlords with the support of the state/county. 

They are world wide, have a ton of support locally and across the country.

I have thought about that question and my end goal is to build a big enough business where I no longer have to work (outside of real estate, of course) and I can financially support me and my family with income generated from the properties that I'd own. 

Hello BP'ers,In the prospect of purchasing a SFH in Philly around University area but know that semesters have all started so am a bit concern about finding students to rent.

Seller concessions - Assuming the appraisal will support a higher purchase price, you can offer more and have them give you seller credits towards the closing costs.Gift funds - a relative, defined as the borrower’s spouse, child, or other dependent, or by any other individual who is related to the borrower by blood, marriage, adoption, or legal guardianship. 

In other words, you can't do a cash-out refi if the valuation does not support management.  

A 100 amp panel can support a heat pump.