The restaurant on a ground floor is probably stuck there, attorneys can move in a heart beat as location may not be an issue, same with insurance, accounting and health admin.

I've seen people selling rental property in desperation not because they paid too much for it initially, but because they managed it into the ground.

Works anywhere in the country easy to locate people on the ground through the school.Good luckPaul

Comparables in the area according to rentometer.com was saying that yes, we could ask for 1100 if we wanted to.

I am looking everybody's $0.02 for the definition of ARV.When the typical investor is talking ARV (As Repaired Value)are they talking "Repaired" as in: A) repaired to average condition for the comparable house in the neighborhood?

mortgage will be about 750.00 a mo @ 20% of 200k Tax is cheap compared to other parts of NJ 400.00 mo.

Our area is booming to say the least, we have Exxon building their global headquarters 6.5 miles away, a new hospital just broke ground (Texas Children's, a specialty hospital) 3 miles away as well as other various developments going on within 15 miles of our current home.

Waiting tables can be lucrative... and a great ground zero for making connections.I would start with reading books, following blogs and listening to podcasts before you spend money on a RE license.

.- This is what you do.Have a local real estate agent pull sold cash comparables in the area within the last 90 days.

Compare apples to apples and listen