I'd guess you'd do at least as well as that offer, if not better.

Also your insurance expense will be higher due to the structure's age.  

Columbus may offer lower purchase prices, but as you mentioned, oversaturation from investors could affect rental rates and appreciation in the long term.Considering your interest in Philadelphia's vibe and your desire for a potentially better investment environment, it seems like Philadelphia aligns well with your preferences and investment goals. 

We decided to also offer it as a Lease with a 3-year option to buy. 

The guy with 3 posts may be offering legitimate advice having been in your shoes- The guy with 30 years experience may be hopelessly out of date, or even inexperienced with current issues.- The 23 year old who just bought the first house-hack may teach us something game-changing.The “real deal” looks very different in many contexts: THAT is the power of BiggerPockets.

He carries a $2 million umbrella insurance policy, but the truth is that he has never been sued.My properties are in LLCs held under a trust.

This is a very real value that you can cash in on by selling the property or pulling a HELOC and reinvesting.Appreciation details and assumptions:While real estate appreciation is not guaranteed, historical trends can offer some predictive insight.

Found a property I like to make an offer on.

Hello RE investors,I owned several duplex/triplex rental properties in San Diego, and Nationwide is our commercial insurance provider.

I signed up for the basic membership In hopes that I could leverage much of the support and knowledge offered to expedite my investing.