those I think the basic of my questions.Thank you for responding and helping to understand more. 

Focus on networking with experienced investors, refining your deal analysis skills, and exploring financing options to scale efficiently.Good luck!

I would focus on systemizing property management as much as possible so adding more units becomes easier over time.If your goal is to buy one property a year, then stick to your pace.

You should vet the company to ensure they have the resources to pay the rent.You ALWAYS do background checks on the people living in your property because if you let in an axe murderer and they harm someone, you are likely to get sued.Whether or not you charge an application fee is up to you.  

Plus, they can give you the lowdown on the whole process and help you every step of the way.You've got this!

I need help financing this deal.

I'm uncertain how this will affect home sales - if people overextended themselves on a mortgage and lose their $400k to $500k salary, they may need to sell.

This would be in central Jersey which is still a hot market as a result of record low inventory.I am planning to do this strategy since I want to put low money down (10%) on a construction loan and achieve a quick build to lower my holding fees. 

This is not easy to do consistently and effectively.

I agree on the College Station area.