Is there farmland in New Jersey, Pennsylvania or surrounding states where I could invest on the land for a good price and expect strong appreciation on it in another 10 years?

I'd want to know more information to make a good recommendation, but it sounds like you would have a strong argument if everything else is the same except for location.MP tasksTenant Management:Showing properties, screening applicants, and preparing leasesWelcoming tenants and addressing inquiriesCollecting rent and managing evictionsProperty Maintenance:Cleaning, repairs, and inspectionsAdministrative & Marketing:Supervising staff, purchasing supplies, and promoting rentals (ads and website)

They'll just keep coming back with new issues for you to fix.How to tell if this is a legit mold issue or if it's the tenants problem: initial sniff test goes as follows....did the previous tenants have this issue?

Building a strong local team is crucial too.

This property has strong potential, so think of your payments as an investment in your future portfolio. 

or someone else like CPA etc. should initiate the process?

The city has good macro economic factors and a strong economy - I looked for cities that were at least better than the national average when it came to population growth, wage growth, median sales price growth, etc 2.

I have a strong network here and know the key players/stakeholders in the community and am trying to learn how I can get involved to make an impact to change the community and restore the existing (beautiful) infrastructure. 

The deal cash flows minimally initially then after the second and third mortgages are paid off it becomes a cash flow cow.

For those who have ventured into Co-Living, what strategies have you found most effective in ensuring both financial success and a strong sense of community?