(Of course not every part of the suburb - but just generalizing)Doesn't mean there aren't solid spots in Philly to invest in like: Upper NE Phila and part of NW Phila.

The key to this tactic is finding a landlord in the right spot.

We hit the sweet spot by spreading our costs over a larger floorplan and providing something that the market demands.

You're spot on, John!

It sounds like you're in a tough spot with this flip, and I can understand the frustration.

Dirt cheap bandit signs around town about 150 placed and dotted around local zip codes with hot spots of interest/traffic.3.

Heavy duty, old fashioned machines that don't have motherboards or other electronics that tend to burn out.  

I always give the example that $3K per month as a long term rental for 12 months or $4K for a midterm rental occupied for 9 months gets you to the exact same spot and you don't need to furnish it...Hopefully you're able to get it sorted out!

Make sure you know the area/purchase in a spot that is appreciating since it's a new city.

It doesn't take long to learn how to spot a good deal.6.