Hi All,  I live right outside of Philly and I have been really interested in Real Estate for over 20 years, was a landlord, etc (You can read my bio for the juicy details). 

Since we have several family members/friends in the area along with several maintenance/handy men on standby we feel that we can manage ourselves outside of cleaning and occasional maintenance.

@Robert BurnsAs long as Iv'e been researching probate leads I still use direct mail to this day ~ and follow up with a cold call later.You should concentrate for PR's (Personal Representative) that reside outside the state of LA (CA, WY, AK, etc.,) as the PR most likely will be motivated to sell.If the PR provide's a cell phone number yes, I'll usually send a text...

With 13 acres needed it will most likely need to be at least half outside the city.

They have not seen the inside of the property in many years but it is apparent that it needs heavy rehab judging by the outside.

You can get the same cash flow on paper in decent areas outside of Allegheny County as the rougher areas near the city.

Get the experience, make small mistakes that you can recover from and build a track record then you're ready to tackle these large complex deals.If this deal were to go pear shaped and it could for so many reasons that would be outside of your control, it would a huge set back financially and emotionally.If it was a good NNN like a Chase, Cvs or Walgreens deal buyers would be bidding it up to a 5 cap.

It's more on the outside of the city.

I live in Los Angeles, CA and looking just outside of the main city to find properties that  are a little more affordable.

Purchase price: $450,000 Sale price: $650,000 A 15 unit Public Water and Public Sewer Property just two hours outside of NYC.