NJ is a tough state to evict.

But you don't qualify for material participation if you are a passive investor in a syndication.  

Very tough to do.

Just wondering if there are good internet guides out there to help new investors understand steps in renovations and lay out scopes of work and materials needed so we don't miss anything?  

And folks from the mid west would say 3 to 4k  and some would say 5k with most folks thinking these days 10k is enough.. and then just as you say work the math backwards at 300 a month which is pretty tough to make if your max leverage and you have your answer of how many houses you have to own and manage.

Good inventory but man does that office make it tough to finish rehabs in a timely manner

This is tough.

But then there are those that wing it without doing due diligence and find themselves in a tough spot which they did not plan for.

Of course, you won't listen to this common sense because you know more than everyone else here on BP and will have to learn the hard way.So, recommend you find and attend some local investor meetings or commit to watching all the videos and reading all the material here on BP that you can.Good luck:)

the market is very tough right now, and out of state BRRRR is a tough, tough strategy.