If I select the same zip code multiplex properties, the sales comps (approximately $290K) are not as great as my expectation.

They are also up to building code and won't require major maintenance for a while**Cons:**1.

Do you believe it is a coincidence the majority of housing coming on line is in the 19123/19125 zip codes?

code violations in you city

Currently, I'm focusing on building capital, saving, and investing to have more cash on hand until my next project, so for now, I'm simply educating myself on tax codes, financial investing, syndications, accounting, and creative ways to get involved in real estate investing. 

These are professionals with additional training and a stricter code of ethics.

These are professionals with additional training and a stricter code of ethics.

My understanding as to the reason talking to local inspectors was the updated building codes made them uneconomical; specifically requiring that buildings with more than 2 units have to have fire sprinklers.

Here's the New Jersey law regarding security deposits:https://www.nj.gov/dca/divisions/codes/publications/pdf_lti/... 

I purchased 2 duplexes in Morningside, Wayne County, #Detroit, Michigan (zip code 48224) February 2024.I am also an #Out of state investor.Both are currently going through repairs and updates necessary for the city of Detroit to give me the Certificate of Compliance for rental units.