And in a severe duty application like renting to section 8, you probably have to do that every 30 years.In other words, your portfolio carries a $1,320,000 future liability ($60k x 22), which equals about 22 years of present-day cash flow.

My realestate agent keeps pushing me to sell them individually, and I really want to keep my tenants with a landlord.

Do you have a getaway? 

At the very least, I would request a refund of the original application fee as the City made a mistake causing you to have to submit again.  

There was a BP member who was quite active for a short duration that presented hi use case for RE not being a good investment compared to other investments especially ially stocks.  

Ours is a holding company with a registered agent.

New Jersey is not a horrible state for investing it is more so certain towns and cities that give NJ a very bad name. 

That 4% cap rate on in place financials is a lie.  

As everyone said, 20% is fair for a manager to take care of a STR.

Morning Nathan,Congrats on exploring a big jump-it takes courage to buck the news cycle and confidently reach for a bigger future!