If any tenants are national chains, regional, franchised, mom & pop and/or the nature of the businesses within the property.

Is this common for “mom and pop” type owners to not be willing to provide tax returns for a property?

We have a mortgage on this property at a very good rate.Fast forward about 6 months, and a pretty good deal popped up on a home in the area that we were originally targeting.

Hopefully a multi in a grittier part of Philly.This is my first rehab so I'd love to meet local investors who have experience doing live-in flips or bigger rehabs (pop tops, rooftop decks, additions etc.) in the Philly/Riverwards area.

Add a 20% overage for the "just in case" things that pop up

It popped up on my YouTube.

Are you popping the top?

It works best if you can pop the hinges and take the door off, but it possible on some to plane them while still in place. 

I think I would try to get it for about 70-80% ARV, so you can then go and refinance, pull out your capital and make some instant equity.Either way, youd be helping a guy out of a desperate situation, and typically, when buying homes in poor condition, Id want a bit more wiggle room in case something big pops up or in case you need to do some reno's after he is out.

With two other rentals kicking in plus day jobs we can comfortably throw 4 to 5k per month at the note, and we could even dig into savings and put a modest dent in the HELOC too.If we refi'd we would have the HELOC freed up to purchase another rental should something pop up so I do like the flexibility in that regard.