Am I losing my mind finding a property?

[Cody Jensen]

Hi everyone,

I've been actively looking for my first investment for quite some time now. I'm to the point where the pricing for what the properties here in New Jersey are worth aren't at all in my opinion worth investing in. 

For example, You pay $400,000 for a duplex in a moderate to high crime neighborhood with taxes at $12k per year..... This justifies nearly 70% of the property in NJ for sale currently. Not to mention the houses are falling apart.

Is anyone in the same boat as me? If you have been and found a solution, what did you do? 

Thanks,

CJ