I just relocated to the Philly area from MId-Hudson Valley in New York and I'm really energized over new construction in the city, fine dining, cultural attractions, sports, charm, beauty (love Fairmont Park) -- it's so encouraging so see. 

Generally, you need to factor in higher economic loss the lower your rents go as you will be attracting lower quality tenants. 

Article from the Canadian Real Estate Mag dated Oct 26, 2015High demand coupled with a lack of inventory. Sound familiar? That combination is not just the domain of the residential housing market, but also the multi-r...

Why sell it a price that attracts every wannabe no-closing-ability "wholesaler" Reneger out there?

Lender can't move fast enough and the opportunity goes poof... seen that show to many times to count.I know from my personal experience  track record is one of the main things you need to attract capital.. first time out  or very inexperienced folks have a pretty tough time unless they are dealing again with close friends or family.

Those communities are attractive and the schools are generally good to very good.  

Being 17 yrs old, I'm not sure how attractive you'd be to the banks, especially if you've not had a consistent employer for the last several years (one question they ask during pre-qualification).  

Intown homes near the Beltline and Marta and Piedmont Park or other attractions are going to yield higher nightly rates and better overall rental rates. 

I have built a good acquisition team that finds and attracts good deals.

Unless you have had an education in the auction business and a license you would be better off using a profession real estate auctioneer.I would think you should focus on find and contracting properties that can sell for more to give you an attractive profit.