Since I was 17 I wanted to learn about investing in real estate but the fear of losing money took control of me.

@Sib Bahjat@Joe Splitrock@Billy SmithUmbrella's are good only after you've settled / lost. 

First things that come to mind though:- Does the grandfathered status remain if the building is torn down (many times it does not; as well, grandfathered status is often lost if the property has been vacant for X period of time).- Is there room to add to the existing good duplex and stay within the setbacks?

Recently, there was a post from one member responding to another. That member indicated that did a significant amount of tear down/ rebuild business in Cincinnati. I am trying to locate that post and cannot find it. I...

The difficulty (but fortunately the one you as the broker or investor have control over) is the location of the new property.  

I always struggle when I consider partnering, knowing how badly it can go, and my need to be in control of my own destiny.Since going it alone doesn't scale, how will you stretch your business beyond the limits that one person and 24 hours a day put on you?

  Actually Tim i am interested in philadelphia, but have lost many deals in the area due to realtors dragging their feet.  

Remember you don't have to own a property to control it.Download BP’s newest book here some good due diligence in Chapter 10.

If it is an IRA LLC, are you saying that you can control and make decisions without third party approval, paperwork, or fees?

Apparently the aluminum siding was considerably thicker and more damage resistant and the coating that provided the color and graining to the panels was more costly and had a longer lifespan.The FTC lost that case.