I’d managed the properties myself, and the prospect of trying to do that while living out of state seemed unrealistic. 

We are always looking at prospective projects and have offers in on a small multi-unit as well as a commercial property.

From financial prospective it is better to buy a 4 Family house - this way you would live in it for Free while your tenants are paying your mortgage (you may even earn some extra income).

The property is a college rental and I purchased it already with prospective tenants in place and a property manager. 

Purchased a house in Prospect Park, NJ back in July.

A prospect tenant offered to pay 2 months rent deposit plus 12 months of rent upfront due to the fact that I was unable to screen them at all.

Punitive damages are designed to punish a person for wrongful conduct and to deter others from engaging in the same conduct.  

I am working on improving my methods for analyzing prospective rental properties to determine cash flow.  

No pictures on the listing but it was right next to the local hospital and I could see prospective renters being young professionals/other good renters.Called the listing agent and set up a viewing for 4 PM and agent sounded very happy that someone was interested in the propertyWhen I went to go see the place it was a complete gut job. the roof was in good shape and the foundation look like brand new block foundation but the rest of the place was completely destroyed.

Prospective investor here.