Long Beach is so fringe oriented and prices are so high that it is pricing out the low income people out.

This software allows me to keep one bank account (and 1 credit card) for all my properties as you can categorize each expense to the property it's correlated to.

Even if these people know their property is worth more, there is sometimes that one owner that wants the windfall of cash they have coming and will take that low offer. 

As any savvy business person knows, when demand is low, prices should be low.

You can do all the prequalifying from anywhere via credit check, call references, verify income etc.Make sure you have a handy person, ac person, plumber, etc etc that you can call when you need some work done. 

The rehab estimate seems very low and the ARV seems really high in my opinion, just based on a tiny bit of research looking at what this property was listed for recently (it hasn’t sold), and what the surrounding similar properties are worth (~$250k).

In January 2024 we were at the low in inventory with only 1648 homes for sale.

Will just have to upgrade every 3 years as Intuit closes down certain things such as the ability to connect bank and credit cards. 

Low down payment with potential for huge rent increase year over year making house hacking very advantageous in New Jersey.

I've never heard the 25% thing before, but any difference between FMV and sales price would technically be considered a "gift" with potential tax implications for your parents.You can avoid most seller costs as there's no reason to use agents in this case.As an FYI: I always recommend avoiding a FHA loan, if you qualify for a low-down payment conventional loan.