@Roschelle McCoyStart with the correct NOI.

I agree with much of what others have posted.Just speaking from my own personal experience, letting things slide will only lead to much bigger problems that are harder to correct.

Not all cities in all areas will award a veteran a discount or freedom from paying property taxes but is you a 100% disabled veteran with a 100% service related disability you may get up to 100% of your property taxes waved on your personal residence and this will include your personal use unit of a multi residential property.

@Ajeenah WilkinsHi I would honestly save up aggressively while learning for few months to year and take advantage of FHA or 203k or other low down payment options programs and house hack (allow offset mortgage), while buying a house that will allow you to have quick equity (Look up BRRRR) if done correctly.

Bottom line, I am looking for a lender that has an iron stomach during a correction. 

If the house is priced correctly the one unit can generate enough revenue to cover the overhead and still have positive cash flow.

Correct ?

I wouldn't buy for appreciation at this moment in time because who knows when the next correction will come...many think it will be sooner rather than later.....if you are able to buy for cashflow right now in Philly that can definitely be your hedge against the coming correction.Full disclosure...I am NOT an expert....I have 2 units in the SF Bay Area that I have for cashflow and am hoping for appreciation...but if they don't appreciate I still have positive cashflow on one unit and I'm barely below cashflow on the other......In Cleveland I have 6 units and all are strictly for cashflow and they are all between the 2% to 3% rule.

You are correct, they are growing and have a bunch of new development.

Correct?