From my research, I'm seeing $100-$150/sqft depending on complexity and material.

Depending on how that goes, I’ll aim to repeat it 1 or 2 more times.

It’s a vacation destination with steady year-round tourism, and there are opportunities to find properties that cash flow well, especially centrally located condos or single-family homes in the $250k–$350k range.That said, the "right" market depends on your investment goals.

depending on where you are in NJ you might have the Lehigh Valley in PA a couple hours away, or Delaware, etc. you can go to meetups, see places in person, and start to build a network.

I for one would dislike being pushed into a box, I'd prefer to choose my own stuff...and it really ain't that hard.Interesting concept though, I just do not see the value for a veteran Contractor or Imvestor.I'd ask for references before using them...

Adding this circuit in would likely be quite expensive depending on access between the laundry area and the panel.

Depending on what he is offering you i searched the address with the secretary of state. 

Then focus on improving your interviewing skills to help you build a solid team on the ground wherever you do choose to invest.

Going to depend much more on more details / your personal situation - all things equal you will probably get better rate/terms on conventional if you qualify for both

It depends on what the terms of your mortgage are.Pros-with no mortgage, you have higher cash flow.Cons-if you plan on buying more properties, you are better off saving the money for a down payment for your next place.The big questions are: can you get higher than 7% return if you invest that money elsewhere?