Starting out with flipping can feel overwhelming, but a good first step is to educate yourself on the basics!

Jersey City has more defined laws, basically you can STR if you owner occupy a unit. 

.: I'm currently in the market for a Tax Pro that can assist with my relatively basic returns and continue to assist with a tax strategy moving forward.  

Driving for dollars, sending basic letters, and calling owners who have clear signs of stress like vacant homes, code issues, or inherited properties.

While I think your question is a good one...and interesting...the person/lender that decides to back a deal like that is basically going to be making up the rules for themselves.

I would be happy to get on the phone and tell you some of the tricks of the trade I've found to work the best in this niche.Thanks,Berenger 

I'm a real estate broker based in NYC and Long Island, and I work with a lot investors.Since you’re brand new, the best place to start is by understanding the basics of how wholesaling works and what your role is in the process.

It has to be marketable, but there are much better properties than mine in this neighborhood.It comes down to 3 basic pillars, and I'll give one example of each here, and will go into more depth on each when I have a bit more time.1) Listing Optimization - Bullet points, color.

Perhaps contact the lender about a "friendly foreclosure" aka keys for cash where basically you sign the house over the lender.

The good areas are basically the same price as Colorado Springs and the other areas I wouldn't advise to invest in to to problems that can occur with tenants in a C class area.