Newbie South Jersey

[Jeff Moore]

Hello BP world I am a newbie from the great state of taxation otherwise known as New Jersey in Southampton township.   A few years back I read every book I could get my hands on and wanted to become an investor in real estate.  Than the crash happened and 3 daughters came along and my wife wisely said lets wait till the kids get a little older before we put our family at any kind of risk.  So  here I am now listening to podcast turned me to this site which is awesome.   I have some money saved up for direct mail ( I am going to start with door hangers and direct mail which I will be doing  in house).   I would like to get a few flips under my belt than start to buy and hold.  I  just have  a few questions:

1.  What is the temperature  of  the investment market in Jersey now for flipping is it just hard or super hard to find deals?

2. I also would like to look into REO's in my area there seems to be a lot of forclosures any real estate agents in the area that specialize in REO's?

3.  When I find a buyer willing to sell, where can I get contracts for  them to  sign ie a seller carry back,  Subject to, and cash contracts?  Do I have to spend money for lawyer to get these contracts before I even do my first deal?

Thank You to anyone in advance who would be willing to help answer any of these questions,   and I look forward  to forming some  great relationships!!

One more thing anyone know how I can flip my picture  upright?