It may work but I wouldn't bet my paycheck on it.

You wouldn't want to make a bet like that and have the city tell you that your business model isn't legal anymore.

IMO, you best bet is to define your goals, objectives, liquidity constraints, budget and time commitment (how active or passive you'd like to be).

I told this neighbor that the contractor is just blowing smoke, but my neighbor says this guy seems to be nice guy and giving him a few bucks won't hurt, so I made a bet with my neighbor, gave him $80 to give this contractor, but I bet this guy would come in a few hours, take the money, and disappears for another week.What happened?

For NJ you can find that website hereWith regards to values...your best bet is to start with Zillow, Redfin, Realtor.com, and Trulia.

@Ryan McKean im not local but I can bet most will tell you '3 miles from campus' is too broad to get an accurate rent estimate...

The Combined income was over $350k per year.I can't tell you how many Investors I have known for the last 20 years miss the boat because they couldn't find themselves "Betting" on the trends.I think if you can put your fingers on the pulse of the Market, you can easily beat the averages, by FAR.However, not everyone has that kind of risk tolerance.

Marketing wise, is direct mail still viable in 2018, or is web based marketing targeting seller owned properties a better bet?

I am waiting to see some innovation in Home buying, like more lease to buy formats etc or something else that may change the transaction of Home buying but I bet the millennials will live in homes no different than the previous gens.

More than likely your best bet is to just keep everything the same.