However , properties taxes are due like roughly 12k for the two lots. 

@Mike Beer, after being in Raise Masters TWO DAYS, I was able to instantly justify the annual membership fee and then some.

It may sound nice to pay a 6% management fee but the extra fees can add up to be more than the other company that charges 10% with no additional fees.

I have a confession: my only duplex, which I gave owned now for 2 years and recently moved out of from a house hack, has proven to cost me more to maintain/pay taxes/repair/fix etc to the point where my cash flow is close to zero.

First, there are about 6 states that I refuse to invest in because of their tax laws and what I consider to be an unfriendly business environment.

You can also hold money for maintenance, capex, taxes, insurance, or other projected expenses.

It's a more affordable market and lower property taxes, so you may actually have a chance to cash flow.

@Apryl Skahill To get your risk-averse spouse on board with real estate investing, start by educating him with beginner-friendly resources that highlight the long-term stability, cash flow potential, and tax benefits of real estate, such as depreciation deductions and offsetting W-2 income.

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

This will also allow you to avoid taxes on the sale.