You don't want to put yourself in a situation where you are pinched to make things work personally or for an investment.

Philly is not the type of place where you take advice, it's the type of place you have to drive multiple times to see where the blocks change from B to C and C to D.

I just started an application with Bank of America, which is where I do my banking, but damn, they want a complete application with records on all six of my properties, P&L statements, insurance riders, and the whole nine yards. 

It is easier to manage your own units (or to manage for one owner) than say to work at a property management company where you have a bunch of different owner's properties.

It would also not provide the seller any cash since its treated as a refinance where it uses the equity for the down payment and closing costs.

Real estate continues to be high where I am located and when I calculate the mortgage payment with 20% - 25% down, it only breaks even with the rent I could collect. 

That is where I found it this year.

This is called cash-for-keys and is common in markets where eviction is difficult.

This becomes especially critical in the current environment where you can earn 5% on your money easily and aren't tying up cash until the project is completed.2.

Thanks @Jay Hurst I looked into them and they appear to not offer services in Kansas, which is where we are needing support.