If the seller's address was in another county, I performed a similar search on that county appraisal district.I followed that up by searching Google, FB, Instagram, and other websites, depending on my guestimated age of the sellers, for more information about the seller.

Right now, I'm mostly a stay at home dad, but my dream is to start looking into that more seriously once my young kids are all school age in about 3 years, something that I can do to earn my family some additional income while maintaining flexibility to take care of the kids outside of school.

Dave is a pretty smart guy and at his age levering quality RE for the long haul a good plan.

And yes, I require every person over the age of 18 who will be staying in the house to go through the background check and be a signer on the lease.

Also in this day an age I am thinking this can be done remotely buying and holding property in other states.

I wouldn't buy a 12 unit with all 1 beds built in 1912 just because of the age, even though it was renovated in 2018.

We know the target age, lifestyle, income and hobby of interests. 

@Jonathan Rivera, I'm not too familiar with NJ but what I do know is that it has very distinct regions.

I see the IRS regs about rental activities being defined as passive, but I don't see anything about a lower rate.I just see that this "passive activity" distinction subjects us to "passive activity loss rules", which limit our ability to offset other types of income with net passive losses.But even that limitation is negated for us because we fall into the "active participation" exception, so we can offset our regular earned taxable income dollar-for-dollar with losses from our rental (if I understand the regs correctly).

We are living in an age of scams.....it's a full time job just being vigilant to all the crap going on....