Thanks for any help’ Yes we're licensed there and FHA guides in one state apply to all states unless a state has a specific law that supercedes the FHA lending guideline.FHA is always 3.5% down minimum (in some cases less because you're using a DPA or down payment assistance program or 2nd lender to put down over all a lower down payment than 3.5%, Aka for instance 3.5% DPA + 96.5% FHA = 100% financing but just dont kid yourself this is fully 100% leverage and to be used with caution and carefully).In the case of 2-4 unit FHA is still 3.5% down payment @Matthew Kwan @Carlos ValenciaThere are rules regarding FHA such as:- primary residence - you must occupy one of the 2-4 unit property as your primary over 50% of the year and the underwriter needs to believe you will remain and have the ability to live in there, any deviation from this and you'll get a whole laundry list of conditions asking you to prove why you should be believed to be living or will live there (if this arises dont be surprised, it just means the UW doesnt believe you).- SS rule - self sufficiency rule - gross rents of all potential units 2-4  X gross rents at 75% needs to meet 1:1 or 100% of the monthly PITIA payment or greater.

-What tips do you have to share? 

If you have any tips for me as well that would be much appreciated (just bought my first STR this fall and the quad in the spring will be my first LTR). 

Looking for:1) Market suggestions that are ~2-3 driveable hours from North Jersey.2) Any contacts I can connect with in the area.Any recommendations or tips are welcomed!

If you’re feeling stuck, one tip that might help is connecting with wholesalers or local real estate agents who specialize in off-market properties in Huntsville.

Thanks for the tip!  

1) Don't fall into analysis paralysis, theres a ton of ways to invest in Real Estate, pick one and go.2) Take action. You will fail, you are supposed to fail, that's how you learn.3) Systems! Create systems that make ...

Here are some tips for hiring a PM:1. 

I also work a full time W2 and have 3 kids in sports, so time is not always my friend.

Acquires a new one via capital injection annually, and with the pyramiding, after 20yrs of this will be siting on a nice holdings that is planned to fund kids university tuitions via rents at that time, which around yr17 we will start deploying into assets with more of that cash-flow focus.