Or you want to spent the time, effort, and money to try and self-source an off market deal here.  

To move forward, determine whether you prefer local or out-of-state investing, cash flow or appreciation, and self-management or hiring a property manager.Good luck!

Quote from @Steven Cornell: Quote from @Vince Scipione: I hate directly plugging my own market on here because it feels grimey, however I feel like with what you described, this may be an obtainable market for you.

@James Hamling Could you point me in the direction of the statute that states the owner of the property you can have a direct non-licensed employee to perform property management.

If you need more specific guidance or connections to experts in this space, feel free to DM me, and I'll point you in the right direction!

If you received notice/confirmation that rent was to be paid by the NJ VCCO, you can contact them directly at (877) 658-2221. 

Look at the article here: https://www.uhaul.com/Articles/About/U-Haul-Growth-Metros-An...If your interested in learning more why I invest here in the DFW area feel free to reach out directly to me.

As others have said, the best thing your son can do is run far from this deal, buckle down, save his pennies (he probably already is doing this), house-hack, and improve a property with sweat, hard work, developing a DIY skillset, and self-managing tenants. 

However, the best way is simple direct marketing. 

I get better investment options and lower expense ratio through my Roth IRA.