Now after a year, maybe you raise rent to $625 and you move, renting out the unit you were occupying.

The movers and shakers (investors) are all over the place but you can't see them. 

keep saving it up so you can purchase your real estate license course.. get your license go work for commercial broker work your self up over a 10 to 20 year period until your selling 50 to 1 billion dollar high rises in NYC that's what your goal should be if U like Real estate you will work with the movers and shakers in the industry..

The big expense is that you need to have a rep from the owner/management company on site during the physical eviction and the biggest expense is the required registered and bonded movers on eviction day. 

@Meshael Eady Newarks taxes are low, but cash is king and the market is very competitive so buying there is very aggressive, properties move really quickly. 

@Alex Zyskowski sounds like you're well on your way to be a "mover & a shaker":)

(IMO) the best advice to your brother is don't sell, find a good management co, move, rent it out, and (depending on the numbers) use the cash flow to pay down the dept until the wheel turns.

Find the movers and shakers of your market and find a way to add value to them.Anyone here have used Joint ventures to buy more properties or succeed in real estate investing?

I'm planning to move/rent it out and buy a duplex soon, and would like to jump on multiple estimates as soon as possible.

Although, who knows, Aberdeen is now rated as some wonderful , fast-growing retirement town for Seattle burn outs