All the City, State and Federal Tax and Down Payment advantages are with First Time Home Buyers.

In some states it's better to write a full mortgage because the foreclosure timeline is short or because the municipality will not treat the buyer as having equitable title otherwise.

Also, did they run the current tenants through state databases looking for previous evictions?

It's only for the most experienced investors to have any chance.Jonathan is that 10% down at time of sale specific to New Jersey, or generalized for most states?  

One just uses the tried and true wholesaling methods and each geographical area will have its unique ways of doing this.With a lot of land deals starting with tax sales. this is common in CA AZ etc etc. currently I am funding deals in WA ID MT CO AZ TX FLA and then some other states.

As far as the brokerage, I own my own company and I can tell you it is a requirement that every agent under me joins the local board, state board, and national board as well as pays the MLS dues. 

Obviously, a good team will be crucial for you since you'll be investing out of state.

In many states, local emergency services are limited outside the state capital or major cities.Do Not Travel To:Colima state due to crime and kidnapping.Guerrero state due to crime.Michoacan state due to crime and kidnapping.Sinaloa state due to crime and kidnappingTamaulipas state due to crime and kidnapping.Zacatecas state due to crime and kidnapping.Reconsider Travel To:Baja California state due to crime and kidnapping.Chihuahua state due to crime and kidnapping.Durango state due to crime.Guanajuato state due to crime and kidnapping.Jalisco state due to crime and kidnapping.Morelos state due to crime.Sonora state due to crime and kidnapping.Exercise Increased Caution When Traveling To:Aguascalientes state due to crime.Baja California Sur state due to crime.Chiapas state due to crime.Coahuila state due to crime.Hidalgo state due to crime.Mexico City due to crime.Mexico State due to crime.Nayarit state due to crime.Nuevo Leon state due to crime and kidnapping.Oaxaca state due to crime.Puebla state due to crime and kidnapping.Queretaro state due to crime.Quintana Roo state due to crime and kidnapping.San Luis Potosi state due to crime and kidnapping.Tabasco state due to crime.Tlaxcala state due to crime.Veracruz state due to crime.  

I saw an offer like this one recently with a Navy Federal bank statement that "had $700K" in the bank and it seemed legit.. but the LLC wasn't active with the state and they had assignment of contract language all over it.

If you and your husband can perform the same line of work in another state like Florida, Texas, Nevada I would move out of CA as soon as possible.