If the property is 3000 square feet and your rented a unit that is 1000 square feet, you are basically renting 1/3 and depreciating $100,000.

THis is why long long time ago I found to solve this affordability crisis before it happen is to buy multiple under average property on the same location so I can cash it out and not getting into "poor cash" problem.Also for some of us that able to refi/purchase during record low of 2021, we generally don't have to sell.Lot of good thing happened because of those 30Y fixed LOL

I have been working with investors over the last 3 years helping them find good deals on land in desirable locations and then building a new house on it to resell.

They're on Camelback Rd just west of Fashion Square Mall, so a great location for tourists going to Old Town Scottsdale. 

The rent is not realistic with the bed/bath count and the condition;it needs a large rehab.  

Lenders often have specific preferences and constraints when it comes to market locations and LTV ratios.

Where (in which state) is the townhouse located?

Looking for guidance on best neighborhoods/areas to consider in order to Buy, Renovate, and Rent in Philly.

The title company that is located in the building were the foreclosures are held ( they are actually held in the parking lot of said building.)

My property is in prime location and will appreciate