So sure, you could probably get lucky with one or two deals but to build consistency the average contract price would be around $4,500 marketing spent.  

Prices might go WAY WAY up even when national averages are going down or vice versa.

My recommendation is to choose cities in safe and economically diversified areas with above-average income and population growth.

Check on zillow and Trulia and https://www.movoto.com/   etc just to get an average:)

The average seller-finance loan is through a mom-and-pop that does 1-2 in their life.

Average days on market? 

For areas that I’m looking at, I’ve come to understand that NJ has quite high property taxes, which can be very dependent on average housing prices, school districts, etc.

“Several weeks later after I asked for additional information as this did not appear to be the case I received this:“Thank you for following up on this issue, I apologize for any stress this situation has caused and for the delayed response as we work through higher than average volumes.

And while I don't know what the market will do next year, I am pretty sure that in the long run Milwaukee home prices will creek up towards the national average.

After this additional deposit, your security deposit balance will be $Y.Even after this increase, I know your monthly rate is still well below the average market rent for 1-bedroom apartments in [CITY].