It is located in an area I am very familiar with, in a high income neighbourhood on a quiet street near parks, schools and all other amenities.

Hi @Elizabeth Williams, I commend you for deciding to flip properties, on top of working FT, going to school and raising kids.

Feel free to school me.

It is close to where I work (I'm going to owner occupy), has housing prices in my range and is in my opinion, a nicer part of town with a great school district.

Property taxes pay for the school system her in NJ.   

@Robert P. thank you for that info about how it is done in Mass  i will look into that info for NY@Matthew Paul i purchased the property for cash, so as far as not having income i will not have a mortgage to pay for, the reason money is tight right now is because i had to pay school taxes right after closing, and then spent $17000 on a roof the first month. 

Out of CA, I have been focusing on properties $200k or under and close to Colleges and/or good schools.

I'm a veteran so I'm using my post 9/11 which equals ($3700) month which I only get while I'm in school but will be getting for the next three years.

There are quality public schools in the area and many local attractions.

I would find a hardworking college or high school aged young person with a snow removal/landscaping business.