first brrrr property in Newark Nj

[Michael Smith]

Hi  every one here on the greatest website on earth.

I am planing to buy my first property in Newark NJ, it's an REO and i am planing to do the BRRRR strategy on it, and I'm a little bit confused so i would like to know what are the steps that i have to do what is first and what is next.

I know that i have to take a property inspection, and i am planning to take a contractor to give me a estimate on the rehab.

So whats next? when did i have to call the town or county or state inspector Before i am starting to work on it or before i am planing to put in tenants?

When am i doing the  ccc inspection?

What if it has asbestos or lead paint? When did i have to check this thing's out

And what are the steps that i missed with a total rehab property what are the pitfalls? 

Thank you very much for helping me  out I appreciate it very much

[Ben Sosa]

Did you already purchase the property?