If the city decides to enforce inspections later and your property isn’t compliant, you may need to make costly updates to bring it up to code.It ultimately comes down to your risk tolerance.

Every day is about finding ways to stay productive—reading, strategizing, networking, and setting myself up for the next opportunity.I know I’m not alone in this.

That's the other challenge that i've learned, with only one month as SD, if the tenant leaves even in a relatively new build the fees add up. 

It seems like there's a lot of opportunity right now in that SEPA and South Jersey area (I'm on Long Island but have worked with folks who operate down there), and you're setting yourself up with smart partners, so you're ahead of the pack here already.I do have a good relationship with a strong commercial brokerage firm in that area, let me know if that would be a useful connection for you.

Love it @Michael Johnson - Keep it up brother!

There is a ton of info on this site, as well as a meet up that others have mentioned.  

That is a deal-killer for some groups and others will cut back leverage, so be prepared that way2) Make sure it is with a lender that is licensed in ID, it has some different rules up there so confirming ahead of time would be good.3) Include those monthly escrows into your monthly expense calculation, DSCR lenders do, so make sure you are on the same page4) With that, make sure that the lender you work with will go down to 1.0 on their DSCR if it is going to be tight.Good luck in your decision!

-Find some properties to work up.

I plan on humbly taking any and all information but most importantly, using this information and never giving up.

Ask your PM how to come up with some strategic incentives...possibly listing high and reducing every 7-10 days until it's rented, offer a move in special, a gift card, future rent credit, etc. 4.