Make sure to connect with a knowledgeable real estate agent who specializes in multi-family properties in Philadelphia to help you navigate the market and find a suitable property.Good luck!

Landlord/tenant law varies state-by-state, so I would recommend speaking with a local real estate attorney.

My wife and I decided to keep the house and turn it into a rental. 

There are a lot of great licensed and experienced pros on this site that are happy to answer basic questions, but don't turn to an estate planning attorney on here and ask them to prepare your will for free in the DMs.

If they say they overpaid by $8,000 they will have to prove it.

The larger bedrooms had a couple in it for the entire month, while the other turned every few nights on average.

Because we do commercial construction in the area, we know from speaking with the P&Z that the most likely scenario for building here would be either single family homes (can fit approx. 6-7), duplexes (can fit 4 side by side units) or townhomes (can fit up to 11 with zero-lot lines).

I’m paying that balance down little by little each month though. 

I believe we can all achieve our financial goals by learning from each other and supporting one another in this exciting journey.Looking forward to connecting with you all!

I would love to partner with someone on this deal, but in the event that I can't, is there such thing as an assignment fee for finding a great investment property and turning it over to someone?