If so can you tell me more about your experience?

It generally isn't worth the brain damage of experimenting though....especially if you want to move to a new home that you will own inside of the typical lender's seasoning period.

To avoid going through the same poor experience, keep reading.Even if someone gives you a referral here, do NOT make the mistake of assuming that the PMC will meet your expectations, just because they met the expectations of the referral source.In our experience, the #1 mistake owners make when selecting a Property Management Company (PMC) is ASSUMING instead of CONFIRMING.It's often a case of not doing enough research, as they don't know what they don't know!

I have an appointment with a lawyer, but id love to talk to anyone that has had experience of converting in the past in Hoboken.

AMeris bank will do specs I used them.but if you have zero experience you will have to mitigate it with a lot of cash or get an experienced partner.

Drop your experiences below!

I certainly want to err on the side of caution in terms of investing in a pricier asset (at least in my RE experience thus far). 

I would be happy to share my experience in knowledge in this area (MA and RI) as I continue to look to build my portfolio. 

@Emily Gowen so as you pointed out you would not have to do a 1031 exchange on your current home to avoid the capital gains tax and coupled with what Dave Foster pointed out I think, speaking from experience you would have a high likelihood of success. 

I can absolutely understand how these experiences have drained the joy out of owning rental properties.