It's also very uncommon (perhaps just socially unacceptable) to raise rents/prices.

Many of these now thump their chests on social media. 

Some CPA check me on this, but I believe that you can't write them off against your W2 unless you (and spouse) qualify for real estate professional status.

@Wesley Weisberg here you go:  BiggerPockets: The Real Estate Investing Social NetworkGood Investing...

This law prohibits an institution from disclosing a consumer’s nonpublic personal information like Social Security numbers, income, and outstanding debt, to companies that are not legally related to the institution.https://www.ftc.gov/business-g...https://www.ftc.gov/business-g...Also, most credit agency contracts do not allow their clients to share info with 3rd parties, which an owner would be.

NJ LLC's have annual filing requirements just to maintain LLC status.  

Speaking with a local real estate expert, particularly one who has knowledge with VA loans, can help you receive information that is specific to your case and the status of the market.

Particularly for townhomes or condos, you should also investigate the HOA’s financial status.

If you plan to do property management in this area get your website up and running, get some paying clients, social media, and all the legal done first.

We plan to act as the GC for permit coordination, but mechanical, electrical, and plumbing contractors will file their permits individually under our GC status.