if the loan amount is high, you might be into non-conforming/jumbo territory in which case your min down payment for owner occupied just jumped up to 10% on a SFR.  

Thanks for the input, that's good to know there's a human presence in the market checking out the properties!

In 90 - 120 days business owners can obtain $100k to $250k in unsecured business lines of credit themselves.Follow these simple steps:1) Establish a strong internet presence for your company by listing it on at least 15 sites-- Facebook, LinkedIn, Twitter, Scoop It, Bing, Manta, 411, Google+, Google Places, etc.2) Establish a business checking account at 2 banks (with a 700 credit each will offer a business credit card.3) Make regular deposits into your business checking account for 90 days to establish a favorable bank rating.4) Add higher level trade references to Dun and Bradstreet to provide depth to your Paydex Score (net 30s are usually lower amounts; you'll need higher approvals from your trade references-- 2k to 4k).5) Upload your company financials to Dun and Bradstreet to complete your file and create a strong credit profile.6) After 90 days apply for unsecured lines of credit.

And there's far east lancaster (further east than 60th east)  that has pockets that are viewed as less desirable/secluded territories  (close to Lake Los Angeles) To each his own of course,  just do your research before you lock yourself in for two years.  

The whole time, I had the presence of the neighbor on my mind.

It seems BCB has a strong presence in NJ do you know if they fund loans in NY?

I've learned to be patient with your first deal as it is new territory, and in time things become easier and easier.

Keep in mind that there is generally some crime in lower income areas, it comes with the territory.  

So its just part of the territory that we have to accept as flippers.

I've found many listing realtors to be very territorial and not want other realtors showing their properties.