I suggest building up some cash either by wholesaling or your job HML will only charge fees that could be put in your pocket. get the experience in first before you start flipping with your own credit you will not be upset.

I wanted to see if anyone had any experience with negotiating the fees, interest, and penalties on back property taxes in Philadelphia.

What kind of monthly fees or deposits do you charge?

Late after 5rh, late fee is 10 percent rent.

They also gave me the opportunity to advertise and help them sell a 3 bedroom single home,and they would give me a finders fee.

Most builders have their pet agent who is constantly sourcing and here is how it goes.the agent will find the dirt charge NO fee to the seller thereby getting seller top dollar compared to some wholesaler low balling them.. and then the agent gets the list back on a brand new home.. 

Plus, of course, you would have incurred some holding costs and other fees in the process. 

Those taxes .. that pm fee .. yikes

I don't want the HOA fees and hassles.  

Zestimate is $315K.Cash flow won't be great for me since I will be taking an expensive loan at 7%.Expenses would be: mortgage+taxes+home insurance= $1300Management fee of $100 will be waived for the first year.There are renters in the place with a contract till June 2019 and they pay $1635.What I'm considering is that:Get the place, have little to no cash flow and when the renters contract ends in June 2019 have them out and renovate the place and:1. rent it out for more or2. if the market is higher/ home value is higher after renovation, sell for a profit.What do you think?