I've learned by talking to recent students that the desirable locations are now closer to downtown and farther south toward Riverside drive (Chestnut-Seminary-Oak-Riverside).

It sounds like there's a relationship that exists outside of your interest in pursuing this real estate investment endeavor and I am concerned the desire to collaborate with all parties mentioned is taking priority over whether the foursome can collaborate to everyone's benefit.

HEY BP Community, newbie here looking to begin mailers and was wondering if any experts or people who have bought via owner financing could give me some pointers on things I may be leaving out or things to omit. Also,...

My initial reaction, especially based on your desire to cash flow immediately and non confidence in the area, is to pass on this deal, but we can chat more privately. 

I do not have time nor desire to be a property manager, I'm a passive investor.

During the COVID-19 pandemic, these areas benefited from the desire of more living space and unusually low mortgage rates.

These areas have a mix of older homes that might need fixing and are in desirable locations.Building a Team: Simultaneously, start building your team.

New Bern is not the hot look and sprint into for deals, but an investor who has a desire for affordable housing, or wants to tailor towards an more aging population then New Bern can be a potential location to look into. 

We have the knowledge and experience to source options for you that can fit your needs.Not Having A Plan BDuring your planning stage, you must work through the possibility that your desired outcome may not come to fruition.

Maybe they aren't desirable areas for you but there are plenty of markets in south NJ that even exceed the 1% rule