I agree more people need to inquire. 

Purchase price: $15,000 Cash invested: $25,000 Sub to deal - paid the seller and wholesaler $15,000 + $7500 closing costs to assume $84,000 mortgage with a monthly PITI of $575.

Off market deals usually have nonrefundable deposits and a clunkier process that isn't as suited for out of state people until they have good contacts in the area to evaluate the property (mostly contractors that feel comfortable evaluating projects for you).

Yes, distributions have been below expectations and way below NOI projections. 

New To the New Jersey Market, Good New Jersey tittle company that don’t need an Attorney present and familiar with wholesale deals?

I do not have the capital for the property to pitch in, so I plan to use the investors money to secure the property.The interest rate that I will pay the investor is 5% for up to a duration of 20 years.

@Geoff EngelWelcome to BP!

I originally wanted to buy into a vacation rental market but this last year has been crazy and we seemed to have been priced out.  

Now you have to go to cheaper markets. 

I keep it simple, i do not allow pets.