Sorry to be the bearer of bad news. 

I've  seen Finance Cowboy's (Jaren Sustar's) videos in my Instagram news feed and watched a couple of his YouTube videos.

I haven't been following this too closely but this is what many various news sources have reported and I believe that's why he's being sued and is supposedly under investigation). 

If it's not a lot you could easily end up upside down in this home in a shaky market and that's bad news if the buyer/tenant becomes a problem. 

If you are buying a turn key and do not expect to take cash out for a few years just gauge that on your prepayment penalty years.Rates vary depending on credit scores, LTV, DSCR ratio, Loan amount, Property type, number of units.Good news is rates have been dropping so DSCR may not be a bad option if you buy and simply refinance in 12-24 months.

Hello Felicia, The good news is that rates have started to come down a bit so that can help your cashflow a little more.

The other markets might be as well, but what I know about my market is we saw 2% appreciation throughout our mls last year despite the national news of real estate being in a decline… we are so insulated from the “bubble” conversation.

Being in the real estate business, I enjoy watching real estate news on social media, it gives me peace of mind.

I actually work with these entities, you have read in the news about our work, I have 1st hand insight.

The good news is that now you can exclude capital gains on your NJ house due to the "unforeseen circumstances" exception.