I’ll leave the higher-paying job solutions to the experts in that field, but I do believe both sides are important to address the larger issue.I appreciate your insight! 

I am very much an expert on Hoboken and Weehawken.

I would love to talk to some open minded experts that have the bandwidth to think outside their bottom line.

I'm by no means an expert in this, but you may want to check out the LIHTC if you're considering bigger builds.

Developers, builders and other local experts with that city in their keywords will see your post and respond. 

You can rely on the experts to assist you. 

See the chart from Fair Isaac Company (FICO) below: FICO Score Pct of Population Default Probability 800 or more 13.00% 1.00% 750-799 27.00% 1.00% 700-749 18.00% 4.40% 650-699 15.00% 8.90% 600-649 12.00% 15.80% 550-599 8.00% 22.50% 500-549 5.00% 28.40% Less than 499 2.00% 41.00% Source: Fair Isaac CompanyAccording to this chart, investors should use corresponding vacancy+tenant-nonperformance factors of approximately 5% for Class A rentals, 10% for Class B and 20% for Class C.To address Class C payment challenges, many industry "experts" are now selling programs to newbie investors about how Section 8 tenants are the cure.

I have lived here for over 30 years and am a licensed broker here, as well as having all of my rentals here in town, and would consider myself an expert on this market.Don't listen to anyone lumping JC in with Watauga Lake or Roan Mountain.

So I can admit that and that I am very far from being an expert. 

But be sure to consult with your own experts and accountant.