Hi, im a begginer, and would like to know why Trenton and Camden Nj real estate price is so low, compared to northern Nj, and maybe info about vacancy rates, and ROI ,Thanks.

My budget for this year in cash is $100k that can be used towards downpayment, closing costs, fix small things, property management fees, lender fees etc and rest will be looking for conventional financing as of now.New constructions offer better interest rates, minimal maintenance costs for 2-3 years, and potential for self-management due to higher rents.

I have 200k in liquid cash (yes this was self earned thru 5yrs of sacrifices and hard work 12-16hr days 7days a week with maybe a month in the summers as break to see family back home, but i dont want to do this forever) My dad and I want to be partners going into these deals. there is a new construction 4plex i am looking to build which will be 775k that i will put 25% down (half me half my dad) which will cash flow net 2k /mo if i rent it out LT (COC of 11% which isnt bad and apparently my agent who recently worked on a neighboring new build said the appraisal after its built is mid/high 800s, also my plan is after 2yrs to REFI at lower rate). i am considering to have 2 of the units as MTR for local nurses or construction crews which of course can increase profits much more. i also have a 3acre property that i am thinking to build small 2bd 1ba cabins and use as STR/MTR/LTR. but i am also wanting to do do STR as i love the concept and have watched Robuilt everyday learning from him. i am looking to buy land in a mountain/ski town (189k 10acres) and build a beautiful aframe and use as a STR. all these property ideas are close by to me so i will have a close look on them and will manage myself. i have just been consuming knowledge endlessly the last 3months in preparation for this decision.but as you can see my head is all over and im unsure what the correct first step will be. i have many goals and visions of what i want to do i just need some help making a correct first decision on those who are far more experienced than me in this real estate space so i use my capital in the most efficient way. i understand real estate is long game and i have no issues with that but i would like to at a minimum cashflow 100k a month by the time im 30. this is a big goal but i have 8yrs to do this. thank you for your help i look forward to the responses(side note: i am not considering house hacking as i live with my family, this will possibly be an option in the future) 

I have also worked with a lot of great property managers that charge reasonable rates and provide excellent service, and I would love to recommend them to you. 

That means you would need to refinance, usually with some down (if you don't have enough equity) and a higher interest rate.

As far as picking a neighborhood, I would consider the vacancy rate and average household income.

In our previous discussion, we delved into the effects of interest rates on small businesses, but it’s worth noting that these rates also have considerable influence over larger enterprises.Corporations are facing a daunting challenge this year, with roughly 33% more debt to refinance, totaling a massive 1 trillion dollars or more due in each of the next four years.

The only scenario in which we would consider wholesaling a property with tenants is if the rent is already at market rate and our selling price meets or exceeds the 1% rule.

That interest rate is a gold mine and over time this property will get better.

I never fill these out and just pay the flat rate which is has always been less than $100.