There are not enough hotels and bed and breakfast spaces for all these people, so private bnb rentals (such as Airbnb, Vrbo, etc.) are booming in Salem.

Also, the ADU is 3 bed/2 bath and detached from the current house.

Wholesalers here is my buy box:Morris County, Passaic County, West Essex CountyFix and flip: 3 bed 1 bath under 3k square feetModerate to heavy rehabNo double yellow lined streets Areas with strong school district  No areas with high crime No septic/cesspoolBuy & Hold:10-50 units or portfolioNo mixed useValue add properties onlyNo areas with high crime No septic/cesspool**If you have a deal that meets this criteria and you're direct to seller please DM me.

(I've yet to take a look at the property to confirm.)ARV Comps:https://www.redfin.com/PA/Philadelphia/1012-S-24th-St-19146/...https://www.redfin.com/PA/Philadelphia/1709-Christian-St-191...https://www.redfin.com/PA/Philadelphia/1525-Christian-St-191...Rental Comps: For gross rent determination I'm assuming room configuration to be 3 bed 1 bath for two units and a 2 bed 1 bath for the last (furnished unit).

If it does not work I will likely try to buy it outright and a bit lower price and use Hard money.... 1 Bed / 2 Bath Condo about 900sq ft - Can NOT rent out unless owned for 3 yearsAsk: $225k (likely will try to contract for $215k) - place is in great shape.

I’d like to turn my primary residence - $225k townhouse (3 bed 2.5 bath) - into a rental and then go on and rent a $2500/month luxury townhouse.

The way I see it is that the monthly fee should cover coordinating routine maintenance (HVAC tuneup or minor maintenance, leaky faucets and drains, sprinklers, minor pest control, etc.), but larger ticket items that may require multiple bids, permits, or otherwise could have reasonably been prevented should be handled separately and charged to the owner.

Obviously, the difference in rental income between a 3-bed SFH vs a 4-bed SFH will make a big difference on this deal.

You househack in one unit, stay there a year, rent it out, and move on to the next property.https://nj211.org/resource-search/program/63456651 Currently I own a 3 bed 2 bath ranch 1700 sqft 1/2 acre lot.

The home is just under 5000 sq ft, and on 10 acres with a barn/ garage that has a finished area with a bed and full bath.