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.

Then the prices lower towards the date and you end up booking at a low price or worse just being vacant.I think manually pricing your STR'S is a much better approach.So many people are looking for the next cool software app to buy a subscription to.

Investment Info:Single-family residence buy & hold investment.

Quote from @John Friendas: There's a house I'm considering buying with a business partner as an investment rental.

Hey @Sidney Duquette so I am not a fan of buying properties that can't perform with the hopes that it will build equity to offset the losses.

It'll take some time but I see Anthem and all around the plant growing significantly over the coming years, small multifam and sfh's may be a good buy up around there.

BiggerPockets also has a calculator to analyze deals, and I highly recommend you start this as soon as possible, even if you are not ready to buy.

AND there aren't many note buyers who will buy notes with large balances in the range you mention. 

You should just buy in Georgia...that’s it!

You're better off focusing on specific markets, specific neighborhoods, analyzing numbers, and building an ideal buy [box].