I'm going to change the parameters of the question and assume all properties have 70% financing.  

Thank you all for your responses! 

I know I need to assemble a team, I know I need to understand markets and analyze a ton of deals, and I know I need to coordinate it all for execution with the right timing.

The numbers look ok, the neighborhood is good. But there arent a lot of photos. I'm not sure.

Assessments in NJ are not done on sale, unless it's a new build or a complete renovation where the permits tip them to reassess, so every three years or so they reassess all of the properties and taxes go up most of the time.

Owner occupied united increased by 8.4%"Still, although the overall share of households that rented decreased, the number of rented units increased by over a million units (43.3 million to 44.6 million)."

I would take the money they offer and move on.I have fulfilled all my contractual obligations, including making the escrow deposit.

Sure, I'm all for it.

If you want to hear a bit more of my story, I was a guest on the BP podcast and there's a little more context, you can listen here.I've made ALL of the mistakes.

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