rental property South Jersey (Mount Laurel/Cherry Hill NJ)

[Nadia Hale]

Hello All

we are thinking about buying a townhome in the mount laurel/cherry hill Nj area. Looking as far as Voorhees, Cinnaminson, Delran, Marlton NJ. I know it has to cash flow so I am definitely running the numbers; some of them seem to work with higher rents and even with PM, I can probably make $200-300 a month all in.

Does anyone have a perspective of investing in these areas? do they rent easily in the area? I am looking at 3 bed 2 bath. We think potentially folks who want to commute to Philly would be our target market. 

Are there any specific towns I should look at or stay away from? Any particular communities more desirable? I know these are a lot of questions -thanks so much for any information!