I'm sure you've seen but rents are still pretty high in NJ which means tenants are having a tough time with short inventory.

At least we're a company with redundancies to make this happen very very rarely, and with enough inventory to make it not the end of the world. 

Does someone know a range of how much $/sq ft a parking space costs in a busy area say downtown Dallas vs non busy area? 

Austin market is out of my price range and looking at investing back in my home town (Single family/Multifamily).

@Cheryl A Perna- thanks ...the proeprty will need to be a condo as there are no SFRs in the downtown area you mention ...condo market in seattle  is  much softer  than the  SFR market right now ...its a buyers  market with many units for sale ...the price ranges are still high and if you want to try to break even with renting it part time - it may be tough to do   especially  when factoring HOA dues into it  . 

If you're considering multiple markets look at the apartment and SFH inventory, starts, and vacancy rates. 

In LA, it can range from 90k-180k depending on who you ask for a ground up ADU.

Inventory is low and activity is high, so 3.5 percent down isn't going to entice a lot of people to jump (low skin in the game) unless you are paying substantially more than someone with 20 percent down.Also, FHA and off-market almost never go together.

With the 600 taken it out it generally says in the 200k range at the end of the year.

If you do plan to flip in that price range you're going to need an intimate knowledge of the area, demand drivers, and how to remodel these older homes efficiently.