He ran numbers, guided us through a few muddy waters, and advocated successfully for the few repairs we requested from the sellers.

It's great to have you here.Here are some recommendations for you:Find and connect with other BP members that are in your area: http://www.biggerpockets.com/m...Set up keyword alerts to be notified of the topics that interest you: http://www.biggerpockets.com/a...Read Beginner’s Guide: http://www.biggerpockets.com/r...Check out BP Money Podcast: https://www.biggerpockets.com/..Wishing you the best

It's great to have you here.Here are some recommendations for you:Find and connect with other BP members that are in your area: http://www.biggerpockets.com/m...Set up keyword alerts to be notified of the topics that interest you: http://www.biggerpockets.com/a...Read Beginner’s Guide: http://www.biggerpockets.com/r...Check out BP Money Podcast: https://www.biggerpockets.com/..Wishing you the best

The first step is definitely to get familiar with the landlord-tenant laws in Jersey City, as these will guide your actions.

It's a bit long but hopefully everyone reads this can guide me as a starter.When purchasing an investment property, it is important to calculate the "rental yield" to find out in advance how much profit the property will generate.

According to philly's zoning guide a CMX-1 zoned property can be a multifamily property that consists of 1-2 units.

Let's start there and perhaps I can guide you in the right direction. 

Do yourself a favor: buy "Every Landlord's Legal Guide" by NOLO.

They would be the best bet in guiding you. 

Yeah, here is the passive activity Audit Techniques Guide which is interestingly not available on the IRS website any longer.