this is only a good idea if you have reason to believe that the area will be appreciating quickly, which is called speculation and akin to gambling not investing. me personally, I would rather put my money on black than bank on market appreciation. negative cash flow rentals are a time suck and money suck.

Personally, I'd spend a little more if I knew there was significant value add there.

Unrelated persons ordinances are common. 

Any insights, advice, or personal experiences would be greatly appreciated!

I need all the friends I can get since I currently only know one person (who I don't really know).

I love finding VA Assumption Loan deals and have personally secured one so far as a rental property with a 3.3% interest rate. 

In fact, New Jersey law prohibits you from listing personal identifiers on the form. 

I personally focus on DSCR investment loans and creative investment financing strategies, so I am happy to connect with you and talk about a game plan.

Not worth it if you have to feed the thing.But again, what are your personal goals to investing.

Hello @Yvonne Wang,The scope of work should include the following:- Basic info: Property address, client name, contractor's contact info, address, license#'s, signed general/operating agreement b/w contractor and client- Specification of repairs: Repair item, Quantity of items needed, total & per unit cost of items, taxes (if applicable), Completion hours, title of the person responsible for the repair item, written summary describing the work- Add'l info: Schedule of repairs, additional payment schedule details i.e. disbursement schedule, method of disbursement, deposits, holdback amounts, etc.The screenshot below highlights a couple of repair items.