Received a letter that they are more than doubling my monthly fee + a $50 meter reading fee, and unfortunately this is a cost that the state does not allow us to pass along to the tenant!

Homes are double story standard homes with around 21-24 Squares.

Double check on permits if the previous owners has done a remodel.Do not rely on agents representation.Do not work with a dual agency as a buyer, the agents first commitment is to the sellers.Allow at least a year of seasoning before determining the profits of an investment.Happy to share.

If his fixed costs are $4000 per month his profit just doubled from $1000 to $2000 monthly.

I have a question regarding double closing deals in NJ.

For married couples, it doubles to $600.

If the rate is reasonable then it may make sense to try to save fast to get to the 3.5% down payment on a double or triple - househacking may allow you to increase your savings rate and pay down that loan even faster.As for estimating costs, closing in NY factor at least 1% of the mortgage amount for tax, plus $1500-2000 for lawyer, title and fees, then the amount required by the bank for escrow will depend on the actual property taxes and insurance.

If not fixed I have seen people sell for double what the work is because they need to take on the project once closed. 

Double his money on day one.  

They financed my purchase and I sold off the property in parcels and doubled my money.