Quote from @Stuart Udis: The natural buyer of the entry level SF homes have limited cash and therefore the biggest obstacle they face is funds to close.

I think thinking about some of your hang ups and potential obstacles will help you to resolve it.

If that's the obstacle for Jerome to not be willing to increase rates, then how does the 10 year not roar even louder?

3/1 detached will have maintenance/cap ex in excess of $300/month over the long term in today’s dollars.  

More detached single family homes changing hands than attached leading to higher average sales?

We are planning to build a 2 Bed/2 Bath 750-1000 sq ft detached ADU.

Get permits to build a detached ADU (DADU)/backyard cottage in the backyard3.

The renovations are going to be higher end and the house is pretty simple with a detached garage but no closets in the house.

In many cases, it takes a few years to really start seeing any appreciable cash flow, but it is the relationships we make, the learning and overcoming challenges and obstacles every day that is the true rewards in this business.

Your biggest potential obstacle in NJ is your tenant since it is a Tenant friends state.