I am based in NJ but I feel nothing will cash flow or be too sustainable unless I put in a higher downpayment.I am looking to do only long term rentals and keep it with Multi-family units in the beginning and then advance to appreciation type properties in developing areas.I was thinking if I should save up more money for a larger down payment or possibly look at a different area to invest since I am NJ and the high property taxes make this hard unless more capital is put down.

In my specific situation, the original developer is no longer in the area, and with no HOA or planning and zoning…..what if anything could be enforced against my plans for short term rental?

Or is it because its more for agents/lenders than investors/developers? 

It took a little while to get them to trust me, but we've developed great relationships over time. 

These people are also concentrated in major metro areas with lots of red tape on development and limited space to build anything new. 

(Source)*Google Office Building in Reston*Source: Global Tech Cities: Washington, D.C.Source: The Changing Face of the Dulles CorridorSource: Tech Cities: The Global Intersection of Talent and Real EstateBXP had plans approved in 2018 to build Reston Next, a 4.4 million square feet mixed-use development, and one of the first big developments to go up around the new Reston Town Center Metro.

Mary’s Counties.)The market here is often driven by government and military employees due to the proximity of Patuxent River Naval Air Station and government agencies in DC, The Southern is known for larger lot sizes, single-family homes, and a mix of new developments and older properties.

If the unit has issues such as ingress/egress, bad electrical, is newly developed space without meeting minimum ADU setback requirements, etc then of course the jurisdiction can red tag it and enforce it.  

Many prospects are hesitant to pay application fees without seeing the property first.

I know plenty of investors who will happily pay one of the many firms out there who help place equity so they can focus on their core competency which is running their real estate business (me being one of who would gladly pay a fee so for access to equity and the ability to focus on what I do best as a developer).