Low hanging bad apples.  

If the tenant has low net worth, a court judgment is practically worthless.Taking a week to vet a tenant can save months of headache.

Inventory still remains perpetually low.

The first option is to keep the condo, which offers a low interest rate and predictable cash flow.

I could see fully comping 1-2 nights at low season rates, particularly if one doesn't have a lot of reviews yet, but would you, as an established host with tons of reviews, comp a full week or more of a prime season stay? 

The problem is these homes are 60-120 years old and because of the low value neighborhoods, nobody has ever made any capital improvements beyond duct tape.

The truth is that New Jersey, especially Northern New Jersey, is a tough investment market due to low inventory, high competition, and high taxes.

Hi there, name’s Yonathan (per my profile…) I am trying to gain insight on the best strategies to pinpointing investors/lenders that are able to do secure gap funds. 

I think the dead giveaway is the rate and points. 5% is too low for anyone to lend now.

This way on a $300,000 purchase you only need $10,500-,15,000 for your down payment which if you maintain a low cost of living is very achievable every 12-15 months.