My wife is also part ofa LP/GP (where she is the asset manager) that acquired a value-addapartment complex in Houston, where the renovations are now complete, and theGP is in preparations for the refinance.We are currently working on further expanding ourlocal portfolio and are planning out our next larger acquisitions.

I initially viewed it as just a means to buy a home, but I later realized that leveraging allows you to acquire more properties without needing significant cash upfront.

There is an opportunity to acquire a medical building ( owner is MD who sold business to a Hugo MSO two years ago and still working part time ) at 8 cap NNN lease.

But if it boosts the value of the property because we acquired these permits I could see it as worth it.  

In general, if you are in Philly, know Philly and take the steps to learn how to smartly invest and create a strategy, you can acquire some good opportunities.

What are the potential tax implications ups and downs of transferring the residential property to business ownership and then acquiring debt on it?

Hey Theresa, I've got a list of PMs and Contractors as well as Lenders who've been a big help for my investors when acquiring properties.

Does anyone have advice for the following:Is it a good idea to explore whether to rent out multiple rooms in single-family residences for the purpose of acquiring adequate cash flow:Does BiggerPockets Pro provide a way to find demographical data on specific sources and motivated sellers?  

That being said, most lenders will require at least two years of W2 tax returns to verify income and assess risk when granting a loan, so acquiring finance may be complex. 

I have also read about acquiring properties through researching NODs and creating a mail campaign.