Unless you are just looking to park cash into an real asset, something that has more palpable value than paper (money or stock), and better than hiding it under the mattress, but without considering performance as an investment.

Some buyers are getting smarter about looking to see if permits were pulled and closed for work performed, but a lot aren't so it is a gamble at sale.

I would figure all the bookkeeping, phone calls, coordination, etc. wouldn't need to have a license to perform those acts and you could just sign a contract per say with the owner saying I'll provide X services at X fee that I bill you for every month.I even considered going underneath someone else's broker license and just build up from there but the fact that they are going to take a big percentage of my already small percentage off rent just irks me when I'm willing to just build off my systems that I have already built/tested. 

Found a house in philly that’s beautiful but was foreclosed.

You'll have an asset manager/s with nearly inexhaustible resources to run the business plan and keep an eye on key performance and economic metrics that would indicate the necessity to execute a contingency in the business plan. 

You become trapped in your own unit - you can never open the windows on a beautiful day because someone else smokes.

Let's call that my "actual proforma" (which sounds like an oxymoron but it's basically a projection of what my actual building's financial performance will be).Thanks for chiming in.

But it’s a beautiful house and I think I can sell it for you.”I’m not sure.

Purchase price: $645,000 Cash invested: $55,000 Sale price: $795,000 Beautiful Victorian right on the Park What made you interested in investing in this type of deal?

A hydrostatic plumbing test is recommended to be performed by a licensed plumber post Foundation work.