That is the benefit of NJ investing and also in Central NJ your taxes are lower than Northern NJ where they are insane.

@Zachary StanleyDepends on what your strategy benefits from.

A benefit to having the commercial property and entity is that we aim to utilize business credit, so that our personal credit and debt to income ratio is not tanked as we remodel or redesign or buy furniture. 

Your target area can be as large as a state or as small as a neighborhood. 3.One of the greatest benefits of websites that generate motivated seller leads…it is very inexpensive to generate leads.4.Another great benefit of generating motivated seller leads from a website; some times you are the only person the motivated seller contacts to receive an offer on their house.

To really reap the benefits of your ownership of the NY property over the years you'll want to sell and do a 1031 exchange whilch will allow you to reposition your real estate anywhere in the country and into any type of investment real estate --- without having to pay tax on the profit from your sale or the recapture of depreciation. 

It maximizes your potential for income flow while letting you dabble in real estate.It is a great benefit that you are prepared to work on do-it-yourself projects and concentrate on little improvements.

I heard an interview done on them and they had some excellent ideas on how to pitch rental arbitrage to a landlord and how it can benefit them and their property.

Also, probably I'd have to fly out to KC a few times until I buy the property to meet the team, potential properties, etc which will add to the costs (~$600-$800 each trip) of owning an OOS property.Given this market, I'd like to hear from OOS investors if they think it's still doable to pull off an purchase worth investing in.I don't want to talk myself out of it again and focus on the negatives but also, want to make a sound decision that benefits me in the long term and doesn't hurt [much] in the short term.

If I was you and I had access to the VA benefits, I would see a 4 unit property where I'd have my own space and then rent the other 3 units.

The grouping election may benefit you.