@Anthony Liguori with how difficult Newark NJ makes it for landlords unless the laws change there are many other options for markets around North Jersey which will produce amazing returns and way less stress for landlord. 500-700k properties in the right area have best shot at hitting 1% rule, even in todays market.   

Start by choosing one or two promising markets, look for areas with population and job growth, landlord-friendly laws, and affordable property taxes.Next, focus on building your local “boots-on-the-ground” team: a trustworthy real estate agent who works with investors, a reliable property manager, and a good local inspector or contractor.

He signed a 1 yr fixed lease in CO and as per the law he is legally bound.

Quote from @Frank Borzen: Quote from @Jules Aton: Wow“Improved compliance capabilities to help local governments enforce their short-term rental laws.

And Oklahoma did pass laws a few years ago regarding wholesaling.

I am actually thinking about real estate school in the Spring just so I can further my knowledge with laws, rules etc. 

The key is to really vet the provider’s management team, HOA rules, and long-term plans for the community, because investor-heavy developments can have strict regulations or fees.

On the financing side, working with private lenders who value speed over strict underwriting has made a big difference.

While it may seem like a small election, a roadblock to progress and prosperity has been removed.Now an investor, a homeowner, or a resident  can come to Housing Court and finally be treated with dignity, respect,  and equality before the law.

this could be anything from buying a duplex, living in one unit and renting out the other, to buying a place with a basement apartment or in-law suite, living in that and renting out the larger space, to buying a single family and renting out bedrooms to your friends.