That doesn't surprise me about NJ, knowing what I do as a person who's lived in the tri-state area for 25+ years, especially since becoming a father and coming to truly appreciate what NJ has to offer offer.

If you know any other investors or wholesalers please let me know.

Quote from @Marlena Hawkins: Does anyone know what insurance (liability, E&O etc.) is required for Property Management companies in DC and Maryland? 

You can find these in the forums, and on the social media site meetup.I know that you are just starting out, but I would love to be among the first buyers on your list!

I know this is a slower process than you might like but $3.3M in debt is a lot for most people.

Reach out to a LOCAL property manager that knows the rental market BEFORE you go under contract! 

As for the decision, it's really tough for any of us to say without knowing your goals, your situation and the numbers on this particular house.

That ensures you don't spend it on other things and know exactly how much you have to spend on the next purchase.

I’m looking for insights on which states allow you to list a property on the MLS as soon as you have it under contract—but before actually owning it.I know that some states have strict regulations around wholesaling and marketing equitable interest, while others allow it as long as you disclose your intent.

@Linda PhamAll our midterm rentals are in Colorado as are our clients, so I don't know Houston's market.