Can't comment on Philadelphia but this is not the case at all in Tampa.

Thoughts on purchasing a multifamily with fuse boxes..9 units, so a decent expense to update and the one thing that could make or break the deal.  

I’m thrilled to be back on BiggerPockets after a six-year hiatus!

Still hanging on to it, but will likely sell when current tenants move out.

What does scare me are hidden fees or liens on the property I cannot currently see. 

Does it make sense to have someone come in full time on salary to take off a lot from your plate for you to do more deals? 

What I seek is knowledge and advice on my current situation.

My title company has told me that it is impossible to do a simultaneous closing using only the end-buyers’ money to fund the transaction on a wholesale deal as they say it is considered a “dry closing” and is illegal in the state of Virginia.Someone from the title company also told me that there is a limit on the number of assignment deals that you can do before you are forced to get a real estate license or it is considered brokering without a license.

Shannon,I have some customers that purchased in and around Salisbury, NC and they have found some good deals in terms of purchase price to cash flow ratio on investment rentals.

I was told about the LD 2003 program which allows property owners to build a second home on the property and it will not be considered an ADU.