I would sell then buy in a better location. 

It's not too expensive however, after buying our condo in the summer we are lacking the capital to go in on it by ourselves.

Investment Info:Single-family residence buy & hold investment.

Investment Info:Single-family residence buy & hold investment.

@Serge Hounkponou Recommend you first figure out the property Class you want to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?

With that in mind, you should have a decade or more perspective when you buy.

Investment Info:Single-family residence buy & hold investment.

How many will end up buying, who knows...but these things are pretty fantastic in my opinion.

Looking to do my first house hack, along with getting into more buy and holds.

Best to call city hall for the town you are buying in to see what if any rent control rules are in place. see link below if you require additional information and call the Jersey City Landlord Tenant relations office. https://www.jerseycitynj.gov/cityhall/HousingAndDevelopment/...Jersey City CPI chart on recommended rent increases: https://cdnsm5-hosted.civiclive.com/UserFiles/Servers/Server...The state with the highest eviction rate in the country right now is South Carolina.