Problems getting started with Investment Properties

[Daniel Sabato]

I’m having a lot of trouble getting started with my first investment property. I just can’t find a good deal that will cash flow in an area that I would be able to rent it. I’m in the NJ area, rents are high & vacancy low which is great, but prices & taxes are incredibly high. I had originally wanted to buy a multi family & live in one unit, then repeat, but it’s been impossible thus far. Any suggestions from anyone with experience or similar issues? I’m becoming very frustrated with the process and the market in this area.