On top of that, a new home is generally going to have a lot more demand due to size, finishes, amenities etc.

NJ is very tenant friendly so keeping up with state & municipal requirements are very important, thoroughly screen your tenants, and I always recommend keeping a paper trail of everything.

To my understanding the process is adding my units to a board, waiting for the section 8 representative to contact me when there’s an interested tenant, have an inspection done, screen tenant and have paperwork done correct?

You should have received a default judgement from that court case and that is a public record that any future landlords can see when screening tenants. 

There, you'll find detailed information on investing—both in general and specifically in Las Vegas.Before I continue, note that the charts only include properties that match the following profile, unless otherwise noted.Type: Single-familyConfiguration: 1,000 SF to 3,000 SF, 2+ bedrooms, 2+ baths, 2+ garage, minimum lot size is 3,000 SF.Price range: $320,000 to $475,000Location: All zip codes marked in green below have one or more of our client’s investment properties.What we are seeing:The chart below is from the MLS and includes ALL property types and price ranges.Rental Market TrendsThe charts below are only relevant to the property profile that we target.Rentals - Median $/SF by MonthRents had another slight drop MoM ($1.18/SF vs $1.19/SF).

I know this will disappoint most BP forum readers who have been taught they can live behind a computer screen and make sound investment decisions based on zillow zestimates and the number of available rental units at any given time.

You will definitely have more wear and tear.Do these applicants pass your screening criteria?

I am a big fan of bnbcalculator and rabbu for quick analysis and screening of properties 

I have seen a lot of investors get stuck with a Heloc that they opened up and due to a small mistake find out the bank cut their heloc limit in half or in some cases closed the account leaving them with a balance to be paid off before they could even finish a renovation project.Heloc rates are much higher right now versus a 30 Year cash out refinance by over 3-4% in some cases higher depending on credit score, CLTV, and loan size.

Each is about the size of a large plastic container or shopping cart, and they mount right to the wall.