High property taxes in NJ can definitely make cash flow a challenge, especially if you’re trying to avoid over-leveraging.Given your goals, one strategy you might consider is diversifying into markets with lower entry costs and strong rental demand.

Challenges?

Your plan to buy a property in New Braunfels, TX, and use it as a Short-Term Rental (STR) while you're on the road is solid but challenging with a $200k budget.

Seller Default: If the seller defaults on their obligations, the buyer may face challenges in recovering their investment.

Challenges?

The drawback is the challenge of selling a single property out of that grouping.Last note, I don't like fully paid off properties.

If you switch later, that is another set of problems.When entering a transaction is easy, but trying to balance, analysis reports is a challenge - Now is the time you need to take an accounting course - learn debits and credits and more.Pick and choose wisely.

Challenges?

What challenges do you usually face when it comes to cleaning services?

You only pay them if you are in a challenging market (e.g.