I've posted about Boutique hotels previously being the next high value investor asset class.. there are several examples of properties that have made 2024 improvements and nearly doubled the income and asset valuation.

Unless you are confident in estimating the renovations needed, I would highly recommend getting a contractor's professional opinion of the rehab costs.

Since tax bills are for entire parcels (typically, though not always) then it is highly unlikely that they somehow segregated the taxes for that small portion and paid it.

The truth is that New Jersey, especially Northern New Jersey, is a tough investment market due to low inventory, high competition, and high taxes.

I’ve been researching local professionals and would welcome any advice on how to vet and connect with reliable team members, particularly in a high-cost area like the Bay Area.As for hard money, I haven’t explored it in depth yet, but I’m open to the idea for the right deal.

I would find that to be pretty much not possible with a high volume listing agent.

Next, and again my current experience is in a different industry but one that's a highly dependent on Google reviews and ratings, I've found that there's always a break-even point where "paying someone off" doesn't provide enough of a return on the payoff. 

3) Keep Damage protection off but use Hospitable to markup VRBO bookingsGuest VerificationUnlike Airbnb, VRBO does not have a toggle to say if the guest is not highly rated or verified they can't book without approval.

My suggestion is to buy a property worth more than $1M since anything cheaper for 4-plex will not be high quality.

The risk is too high of losing everything.