That is a tough question to answer.In our case we get the most compliments on the lake and our kitchen.

I would say it's more of a scam to offer a seller <70% on a property that needs $5k in material repairs  and flip it for 125% without stepping foot in the property.

@Roy Kinzer Rent control in NJ can be a tough pill to swallow and unfortunately has caused many of my deals to fall apart quickly once buyers/future landlords realize how strict the controls can be.

It could be a solid route once you've transitioned away from your corporate job, but it's tough to juggle flipping while working a demanding W2.

Mortar, paint & bonding materials deteriorate leaving cracks, gaps, etc. which can be concerning to look at, but this is very often addressed with repointing.

The floor of a deal killer has no bounds, you could be wrecked for eternity if it's a material deal.

These will eat away at any "cashflow" you may have.2.Tenant Issues: Properties in certain areas may face challenges with tenant behavior, making it tough to maintain the house long-term.

Tough one to answer as it depends if this is a $1M property or $100k property.

The tough part about New Jersey is that it is very competitive and very tight on inventory right now.

In that case you should get an attorney involved as encroachment would be a material issue that if known should have been disclosed both to the broker and to any potential buyer.