However Temple Univ may be venturing there shortly, if they haven't already[stiff competition].

They signed a contract and should honor it or pay a stiff penalty for violating it.

There is no way this is sustainable.A good stiff adjustment - either a halt in the growth of housing prices or, as our neighbours to the south, a substantial decline in valuations (i.e. 30%) - is due to Canadian real estate.

Make sure you are working for someone decent that won't stiff you especially if they are managing the low grade stuff. 

Or will competition be stiff basically everywhere?

Also how does one even enter this market as a new rental, the competition seems stiff.

Some small non-profits serving a niche may obtain free or subsidized rents from a United Way.If you want a nursing home or such, find an existing provider and lease to them as trying to get into that business is haunted with stiff competition, regulatory oversight and it is very political as it is based on community needs.

lending home charges 200 I think for a submission but they are as stated the largest lender in the country so as long as you hit their matrix they WILL fund.. that's the biggest feedback or criticism we see on BP about DHM  is that their criteria once you pay the 3k is so stiff that many never find a deal good enough.. and poof the 3k is gone.. along with having to front the rehab.. so its anything but no money down  

By collecting the rents, personally, we get to know these tenants better and we feel more comfortable trusting them and we never have a problem where our tenants stiff us for the rent with the exception of the one eviction lawsuit every few years and that is an expectation in the rental business whether or not you do through credit checks.

Unless you want to operate in the Paterson area I think you will have stiff competition everywhere in NJ.