The info he claims to have is easy to find on the net or in a book but why deal with Section 8 housing problems when there are so many other investments that are nearly hands-free? 

How much cash is ideal to have on hand when starting out?

Newark is hands down one of the worst cities in America to invest in. 

Team of people watching notifications and contacting guests and if necessary going out to property to address issues.

Are you a hands-on type that can make improvements to a home or prefer to contract out work?

This is much lower than the costs associated with refinancing.Benefits of Mortgage RecastingLower Monthly Payments: The most immediate benefit is a reduced monthly payment, which can free up cash for other financial goals.Save on Interest: By reducing your principal balance, you’ll pay less interest over the life of the loan, potentially saving thousands of dollars.No Credit Check or Appraisal: Unlike refinancing, recasting doesn’t require a credit check, income verification, or home appraisal, making it a quicker and simpler process.Keep Your Current Interest Rate: If you have a favorable interest rate on your current loan, recasting allows you to maintain it while still lowering your payments.Drawbacks of Mortgage RecastingRequires a Lump Sum: Not everyone has the cash on hand to make a significant lump sum payment, which can make recasting inaccessible for some homeowners.Doesn’t Shorten Loan Term: While your monthly payments are lower, recasting doesn’t reduce the length of your loan.

All the people I know who bought there did it for lifestyle.

Some people just are NOT cut out to be landlords.

That's where good people live, and good people make good tenants.But before you put money down on a house, I would find a quality property manager.

Emphasize that your offer is competitive and you’re ready to move now, or set a reasonable deadline for the offer to ensure the seller knows you’re serious.Use Comparables StrategicallyHave data on hand to support your position.