I don't personally have a lot of experience in higher-end SFHs in Bergen county, but as an observer, I would think that In a more higher-end market people would be more specific and therefore the market moves slower which would mean fewer offers on a listing.The same can be true for other reasons as well.

However I see that if you can structure this deal correctly you can qualify for a long time capital gain.Tips to get capital gain treatment on the sale: A) If you have actual investment property and you are dealer: -Maintain separate book-Document intent to hold the property as investment property in Minutes or other document-Report expense as investment expense on tax return-Also use separate entities.Using controlled entity to get capital treatment on land:-it is important that the sales price reflect the property's actual FMV at the time of sale. the formalities of a sale must be observed.

Toledo stopped observing the CDC ruling when the 6th Circuit made it's ruling, so things are essentially back to normal now (but still on the slow side).

According to the lease and in observance of NJ law, I provided a 45 day notice of non-renewal.

To answer your question, you find good responsible tenants  by meeting them, you weed out by observing.   

In signing this Lease, Tenant agrees that Tenant has examined the Premises and certifies that it has not observed any pests in the Premises."

Hello Team,I just closed a property in Huntsville, AL and observed that the property has unusually little higher taxes than other homes.

Recessed from building face and small "rooftop terrace" area.

Flipping would increase your taxes because you have new self-employment taxes to pay, if you didn't use some tax mitigation strategy.Big picture observation: your taxes shouldn’t have increased just because you bought these rentals (unless these rentals gave you huge positive cash flow even after depreciation during the first year). 

It was called Skyspace, a former tourist-oriented attraction that included observation decks and the infamous Skyslide.