These straightforward requirements make the process accessible and convenient for buyers.The initial setup costs typically range between $500 and $1,200 USD, while annual maintenance fees are generally between $500 and $700 USD.

My first questions are what price range are you trying to buy a property in and do you have a home already in the United States?

Appreciation here is good and likely to continue as long as people want to move in the area, and housing inventory is still low. 

Not to say you cannot find a deal in many of those states but for a first time investor wanting to be cost efficient it makes little sense to stick to those states.You do have states like Indiana, Ohio, Tenn, Florida, Georgia, Texas that offer higher inventory of home prices even 2-4 unit multifamily that are under $200K.

Hopefully rents start going up 2nd Qtr and into 2026 and 2027.What price range do you want to be in? 

You can get solid cash-flowing single families in the 90-120k price range and duplexes in the 130-180k price range.

The tough part about New Jersey is that it is very competitive and very tight on inventory right now.

You can find decent SFHs in the $150k-$180k range that can cash flow if you buy right.The challenges?

I would just be careful hopping back in now as interest rates and low inventory are making it very difficult if you aren't finding your own off-market options to buy.

If anything’s not up to code, you’ll need to fix it before they sign off.As for costs, you’ll have permit fees—those can range from a few hundred to a couple of thousand dollars.