Hello BP,I am always looking for ways to save the most money on building materials for my rehabs.  I live in Philly (this is true of most places) and as folks who live in the area may know the Restore is a great place...

Certain zip codes are red hot.  

if the tenant is this bad about making payments where they live, chances are there are other red flags.

Some on Section 8.Would you consider this a red flag?

And, on the flip side, is extreme population growth sometimes a red flag?

Meaning how deep would I go in debt to get that return?

I think younger generations are definitely willing and wanting to live closer to work and will go so far as to live in areas they might not have considered otherwise (Deep Ellum, Bishop Arts, Oak Cliff, etc.) as these areas become more appealing through investment. 

You end up with really thick walls and deep window wells but this could be a much less expensive option than lifting the house. 

Getting your feet wet is invaluable, but obviously you don't want to go deep sea diving if you cant even swim yet.Ultimately I think it depends on your lifestyle, your personality, your risk tolerance/aversion, and your safety net.

Too much trouble and worry.I have a red nose, I get it.