The key is the trains that service norther NJ, The commenters.

You will be working for your broker not by yourself and the broker is responsible for your mistakes (honest and intentional).Your broker is supposed to train you properly to avoid these mistakes.

My military training timeline would be an additional consideration when trying to run the project ourselves / with our parents.Any wholesalers out there!? 

Another source of credibility is training.

I say "future" because I am in pilot training right now and am forced to live in the dorms.

I've got some basic skills and knowledge, but need plenty of training.

When tenants pay late it is because their landlord has trained them that payment on time is optional.

I have been reading loads of books (my all time favorite is Crushing It in Apartments and Commercial Real Estate), listening to podcasts (favorite is obviously Bigger Pockets, also Jake & Gino’s Wheelbarrow Profits), and reading a lot on the forums.I currently run my own personal training/online training business.

The advertisements in question in this investigation include such language as "no children" or "no Section 8," in blatant violation of the law.The settlements, filed today in Suffolk Superior Court, collectively require the property owners and real estate agents to pay the Commonwealth $18,250, ($8,750 of which is suspended pending compliance with the agreements), attend trainings on state and federal fair housing laws, remove lead paint hazards from the rental units, and prohibit the defendants from placing discriminatory advertisements or otherwise discriminating against any person who seeks or applies for housing because they are a member of a protected class.

As with any For Sale By Owner (FSBO), some are good deals (meaning they easily exceed the 1% rule) and bear out a good ROI after more rigorous analysis.