For example, some areas SFH may exist but the clientele that move into them have to be comfortable with the neighborhood dynamic.

I am comfortable offering cash to buy 150k deals with 1-2 day due diligence. 

If you are just partnering on a deal by deal basis then one attorney that both parties feel comfortable with is probably sufficient.

Jersey City is hot right now but like I tell my clients the majority of the time I can find them deals that make more sense in Essex County but that depends on the client and what their needs are along with their comfort level. 

So think about what's comfortable for you.

Find out what works for you and your team on smaller deals then scale up once you start to get comfortable with multifamily. 

In the rentals where I wanted to provide a more relaxing, unplugged experience, guests were still all "Where're the TVs?!?".

Long story short if you are committed to house hacking the sky is the limits and there is endless possibility, it really comes down to your comfort level and where exactly you need to be in New Jersey.

I am never looking for a sure thing as I don't really think they exist but I don't want to get into something that I am not sure how it will look in 3 or 5 years.The only way I would look at this deal is if it is perfect for getaways and relaxing for me and the family and anything I made would help pay for those experiences.

Make sure to keep tenants comfortable during the process, and leverage property management companies with investor connections for potential buyers.Good luck!