In the end, buyers would overpay for the actual property based on earnings.

Northern New Jersey has very little land, therefore the price to buy land is too high unless you somehow get it at a great price.

Obviously if you go this route you need to be very attentive and make sure to zero out the credit cards as the promotion ends.  

Namely, that if a tenant (in this case accompanied by a whole family) ends up stop paying rent and I would be on the hook for both covering the mortgage and dealing with open ended legal costs and time.

We plan to scale to 20-30 properties by end of year and was wondering if there's a better platform out there. 

The game is best played following the strategies for the phases one is in; growth, dividend, end of life. 

🚫 “This seems priced too high.

Addicted to the process not the end result! 

Buyers don’t care if you shelled out more on the rehab, if you’re priced too high, you’ll end up sitting on the market way longer than you want, driving up holding costs.Lastly if your buying on market, REO or Corporate sellers are dominating and not as willing to negotiate as owners would.

Off street parking is typically more important for high end/expensive rentals.