The property has to be considered 'in service' for you to list it on your tax return.In service entails a couple of items such as1) The property is in livable condition - Working bathroom, kitchen and an area to live.2) The property was advertised for rent.Best of luck

.- If you're handy, recommend buying a property in the worst condition you can tolerate.

Someone to stock supplies, an appliance repair person, heating/air conditioning repair, plumber, lawn care person, carpenter, salesman, and occasionally an electrician. 

How do SFHs fare in competition with these rentals as supply increases?

Here is NJ: https://www.njoag.gov/about/divisions-and-offices/office-of-...And then you could contact SEC Enforcement: https://www.sec.gov/submit-tip-or-complaintI have found that a carefully written letter to the Syndicator, alerting him that you are suspicious, will get you a quick refund . . . under certain conditions.

With most auctions the buyer cannot get into the property and evaluate its condition.

I’ve found a duplex that seems to be in good condition, with both units currently rented out.

I don't trust them and it so much more reliable to take a few minutes and look at your real competition to set pricing. 

You can also personalize and theme larger homes better and seperate from the competition a bit. 3.

Safe rent after rehab is $900 per month, maybe higher if I get lucky and/or rehab it to a very nice condition.