A couple of them are big time investors these days with over 40 houses each and have moved up to STRs and commercial properties.Find someone that will share their opinions and suggestions and it'll help keep you motivated to get through the starting period. 

Hey Daniel, if you have cash in hand as well, I suggest looking into other markets where there are still plenty of deals available. 

Any advice or suggestions would be appreciated.

Any input, advise, suggestions, cautions or tips on investing in New Jersey would be greatly appreciated.

Licensed brokers can help with qualification, as its a very simple process, and get you your fifth property.

Hi @Joshua DunlapI would suggest using this website for a quick reference.

Also if anybody has any suggestions on books to read on the subject of HELOC financing or any similar methods I would greatly appreciate those recommendations as well!

Aside from the items that you already suggested, the only other thing you can use to verify the stated income is the seller's bank statements (not all sellers will release their bank statements, but some will).The expenses will vary a bit from owner to owner, so you're better off reaching out to a local property management company to get an understanding of how much things cost, unless you plan to self-manage the property. 

Here are a few suggestions on how you can maximize the wealth of information available: Check out the blogs and podcasts, or take advantage of the search feature (magnifying glass).

But all help is appreciated here as someone new, and if there is something I can do, please list that suggestion(s).Thank you.