Education first, then execution. 

@Brandon Pimm my friend and I are in jersey as well looking at Allentown as potential first rental property purchases.

Unless you bought in D class, very low appreciation area, you should be sitting pretty. 

I am not sure where exactly this property is, but this is an example of why I prefer B class neighborhoods or better when looking for rental properties. 

A good property manager can be an invaluable resource for first-time investors, even before you purchase your first property.

Grow wide first, then deep (pay off)- your little expenses add up fast

Quote from @Sat Palshetkar: Hey,I'm a first time investor in real estate and my wife and I are planning to invest (with house hacking) in Windsor, Ontario, Canada.

That's exactly the strat for now, some more Airbnb's and a House Hack for the first half of the year but a House Hack DP in NJ is still 5x more than a DP on a SFH out of state in some markets.

In my experience, it is worth simply reaching out to your realtor first. 

2) Focusing on Cashflow vs Appreciation: recipe to buy Class D properties that may take a generation to increase in value. - What type of tenant do you think will live in a Class D property?