Sellers often don't physically attend the closing, but they will have to sign transfer documents with the title company or attorney to effectuate the transfer of title.

You see properties all the time that are lapsing on the market because of physical issues... ugly, bad layout, etc.

I feel like I need to make the leap now and purchase, but something keeps holding me back.A little about me:  My fiancee and I are both traveling Physical Therapists. 

What we do look at is how much rent we can get each month, how much of an option for the property we think we can get, how much money will be left in the property after we get a loan on it, how much cash flow we will get each month, and how much of a profit we will make when the tenant exercises the option.  

Is it not correct to think that you buy a house lil later in life but buy a decent size one and then hopefully stay there till end (obviously unless you are physically unable to live alone)

I completely agree with @Phil Anderson about needing to physically look at a property and see what the value is.

The value add will be mostly in increasing the projects occupancy from low 70s% to market occupancy (about 94% physical, 91-92% economic).

Justin, I looked into this and it seems in NJ I do not think the state allows us to do our RE license online we physically have to attend a class.

We've decided to go in a different direction with Property Management, and we're going to exercise our X day notice now with a last day of X.

That means not just having physically been there so I know the in-person vibe, but everything I can possibly know about the general area, the demographics, the rents, the history of an area going back several years, any planned development or investment in the area, etc.