And as always, you should ultimately work with a licensed CPA for all of this.

I am eager but I've set both an upper limit and a much lower starting point.

Your credit report could have had zero inquiries in that year and a half and still dropped.  

Keep in mind the housing stock is olders (100+ yrs) and as such needs a repair budget to match.

In our case, it was a young professional family with 1-2 children and maybe a dog who care about high quality schooling and a family-friendly home and neighborhood.  

I guess my question is whether there is good way to figure out who the owner of the property is since it's empty and not on the market.Another possible option is a distressed property, with a rehabbed interior and a sad exterior/ roof/ yard on Byrom St that has been on the market for 4 months with price drops, and up until last week had a giant tree hanging over it which was just removed.

He says he knows they will take less and after his inspections says it should need less than 10k- 15k in repairs mainly flooring and a bat issue in the attic (??) 

Hi BP,I am still searching for a PM and a GC in the Philly area to get the investing business started.Any referrals will be highly appreciated. 

With that said I typically make it to the Brandon TBREIA, Lakeland Flip savage, PCREIA, and occasionally the exchange meeting, Larry's Monday night meeting, TBREIA main meeting, SERIA, and a few others. 

Its a 2/1 and a 1/1 with a basement, seperate drives with a garageI think I know what property you are talking about.