@Philip Amundson Admittedly I would say most properties do need some small repairs and/or updating to maximize rent so I'm not going to pretend you will be able to find a 100% turn key property, however if you can find one, then it will preserve your cash and set you up better for #2.  

Hi,Looking for recommendations for general contractors in the Philadelphia area who have experience with foreclosed home preservation. 

Hi, I'm looking for recommendations for general contractors with experience in property preservation of REO's.   

@Matt CrusinberryI think Matt nailed it.

Does it help that I have plenty of capital to cover the down payment but just want to preserve capital?

Everything is sloppy: the concrete pours, the way things are aligned, the way things are nailed.

Quick question if a property purchase at a tax sale and I did preservation improvement on it paid taxes 2 yrs and had possession can I get certificate transfer over from family member name too mines without redemption period starting all over or do it remain same after transfer?

My husband started side jobs doing property preservation, and home inspection (He's licensed).

@Amit Chand@Charlie MacPherson nailed it.

It seems like you really have to nail the neighborhood there and i dont know too much about the market!