If you can't stomach putting cash up front for building an apartment building you either need to find something smaller to start with or get out of developing.

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.

The City of Chicago has recently streamlined its financial incentive programs for economic development within city limits.

The most important thing right now is developing good bookkeeping skills—which your CPA won’t be doing for you.

They had great population growth last year

AH ok, for some reason the picture didn't populate before I first commented. 

Then metropolitan LA area is running out of develop-able lands so the value is climbing rapidly.

The long term trends with jobs and population growth are still very strong.

A combination of lack of infrastructure partnered with historic highs in population growth specifically in new international students pouring into the area to attend Cape Breton University, has presented less then a 1% vacancy rate on the island. 

I am in the early stages of developing a program to help people looking for raising private capital.