But, fingers crossed, Newark should be on the rise over the next few years.The pros I'd say are the ability to still find some well priced properties.

It seems super interesting with a wealth of knowledge at your finger tips.

I have my fingers crossed that I'll get two good tenants soon. 

Nice surprise..... as my finger was already on the eviction trigger after tenant already brought in bed bugs.....So what do you do next?

Thankfully all is going well (fingers crossed and wood touched) and the property is cash flow positive.  

Crossing fingers for a productive January.Adam, we are spread out a bit in NJ, but that is more a result of our mandate rather than by design.  

Most generic real estate advice for beginners encourages you to start investing locally as it’s the area you know best, you understand the nuances of the population, hyper-local zoning & neighborhood dynamics, and so forth; but that wasn’t going to work for me.After about a year of puttering on the forums/podcast and saving up capital, I started getting serious about purchasing my first property and began researching areas where I could afford an investment property.Being quantitatively driven, I needed to determine my desired location for investing by something more stringent than just pointing a finger at a map.

That's the way to play nowadays, not go negative and cross your fingers that the market goes up.

The listing agent claims they have been cooperative in the past so I'm crossing my fingers.  

I like to keep my fingers on the pulse there !!