@Owen Wang I applaud your enthusiasm to hit the ground running! 

However what happens when the tenant vacates and now the unit has to be turned over/takes a few months to find a new tenant and during that same period of time the sewer line goes and you get hit with that $15,000 cap ex expense in addition to the vacancy and turn over costs.

Just because a property does not hit "1%" doesn't mean that it's not a good deal.

NJ has the highest taxes per capita in the country so high taxes are expected especially in Northern NJ.

There are some great meetups in Northern New Jersey that you can find in the Meetups and Events section here.

I used to live in the lower mainland but invested where the numbers work like Vancouver Island or Northern BC.

I'll hit the phones!

You hit the nail on the head...that's where the SFH to Duplex conversion gets financially unrealistic.

Seasoned investors focus on:- Data-Driven Acquisition Strategies: Leveraging AI and predictive analytics, along with specialized data sources, allows you to identify distressed properties before they hit the market.

If you hit that, what would your new NOI be?