If it was unforeseen medical debt, and you've made progress in straightening things out, you might find a private lender to work with you for an eye-wateringly high interest rate.

Renters handle the electrical and water, and manage the lawn.  

You could go into NJ (although the cost to play is high in Northern, but the rents can be very nice), or you could bypass and head into PA near Delaware Water Gap and get low taxes and good renter options.

My priorities are cash flow and tax benefits, and I’m looking at purchasing a 2/2 that fits up to 10 and is along a body of water.

Tenants, "go into Holiday-mode" and start spending disposable income (and racking up their credit cards) on Thanksgiving feasts & trips, Xmas presents & trips, and finally NYE plans.3) Income Tax Refund checks start being received towards the end of February and corresponding, the rental market starts picking up again as tenants payoff their “Holiday Hangovers".4) Spring Fever starts, sometime in April-May, causing both sales & rental markets to start picking up.

You’d stalk the watering hole.I don’t care who you are; your *** will beat that watering hole at some point TODAY.Now, keep that thought.Let's talk about lists: the foreclosure list, absentee owners list probate list…What is a list anyway?

The other key to this property is it has city water and sewer at the lot lines which would obviously be cheaper than well and septic + has electrical just next door. 

Does one include heat and water versus the other that is separately metered?  

Investment Info:

Other fix & flip investment.

Purchase price: $6,000

Cash invested: $8,200

Infill lot flip. The value on these lots are $15,000-$20,000 each

What made you interested in i...

@Justin,  No you don't need to provide notice however make sure to notify if you will be disturbing common areas, shutting off water to washing machines, having alot of workmen on site.