One of the first deals I had (multi in an up and coming area) my buyer was paying cash and the deal was solid.  

You're in the right place to learn about real estate investing.

New Jersey is one of the least landlord friendly states in the country - FACT.Liberal policies are not friendly towards landlords- FACTNew Jersey is a liberal blue state - FACTI was nice in my original post.

Are there a lot of student rentals in the area?  

You will need to make sure that are no gaps in windows, doors, etc and that the HVAC system is well maintained as a tenant could argue that lack of remediation is the culprit for a high utility bill.

Hi Kin,Transferring your share of the property to your brother may have tax implications, including gift tax if the transfer is considered a gift.

Wishing you the best of luck on your move and house-hacking journey!

.: Quote from @Tom Gimer: You can't take an element from state X such as "uniqueness" and try to apply it in state Y where that appears not to even be part of the analysis.Let's see how this turns out. 

If you're gonna spend your money in Cleveland on some cheap properties, you'll want to learn the ins and outs of all of the neighborhoods.

Seek legal advice, however, what I understand is that there are really two way to wholesale that is legal in the state of Arkansas.