Employer, landlord, etc... those would be some of my questions I can think of, but if you’re inclined to lay out how you do things I’d be interested in learning.

However, you can always do STR, or find a house with a layout that would allow you to rent out a room and not be contact with the tenant.

My plan is to turn the shop into a house.It would need: a new septic, plumbing, a few windows, eventually a new roof, some layout modifications etc.

Tons of things that aren't apparent with a walk through that have deep expenses to fix, before even getting to the layout and upgrade to make the house "pretty" enough for the market to agree on a price.

Trying to layout my steps and write down a plan.

If you are wondering who to take and how to screen them I can lay out to you what's worked great for me in that area, as well as Contra Cost County and in Cleveland my man.

There are very distinct areas that can provide you with comps for a given property. 1 block south of your property could sell for $380k and 1 block north could sell for $180k - same layout/sq ft etc.

@Jay Smith you could ask your neighbors with the same layouts what their utilities are on average and then come up with something that is similar.

I've went through a pre-approval from different lenders and it looks like I'm eligible to purchase up to 760-780k depending on the property that I buy.My gross income is about 119k / FICO 750-770 / paying student loan $560/moI'm looking for an advice to purchase a property in Bergen County, NJ - specifically leaning into Fort Lee & surrounding areas.I prefer to purchase a multifamily property but it looks like my purchasing power is a bit out of a reach in Fort Lee.I'm also starting to learn that Fort Lee is not a good rental investment area with my purchasing power.My main intention is to get somebody to live with me so it lowers my monthly payment, rather than creating a massive cash flow or return ATM.So I'm also open to buy a single family house that can have a solid layout for a room or basement rent.The fact of the matter is, I'm really not sure about the housing market in Bergen County and NJ in general so please give me a tip/info/advice!

The flip was extremely challenging - original plaster walls, original mud bed tile and lathe, heavy ciggarette residue throughout, complete bathroom framing and subfloor replacement needed, and a challenging layout.