Diane G.Seems like good deal on the surface, If properly rehabbed like the listing states and the rents are in need of raising 20%.

I have just started to scrape the surface of the market there and am not opposed to her living in NJ if there is a reasonable property and convenient any ideas on this whole situation or questions to clarify.

For scraping popcorn, moistening the surface is the key to getting it to scrape off easily, and that might help here, as well. 

Rather than look at the same old surface results, we are going to drill way down into why all these millionaires attribute their wealth to real estate — and specifically multifamily and other commercial real estate investments.Today, You’re Buying an Apartment!

If you go for the seal it in route, you need to use non-permeable surfaces, like solid vinyl, or put down a poly barrier sealed before putting a floor on top of it.

It's possible to refinish laminate by stripping the finish off of the surface and re-applying finish - sometimes this is done chemically, but it can also be done w/ fine mesh screen.

You need a good surface to lay vinyl on so you have to get the glue up if you do that.

Albany seems to be good from the surface but I do not know the area very well.

Just from the surface level, it doesn't seem that the rents will be high enough to justify the purchase price.

I would convert the sliding glass door to nice french doors and add a dedicated path to this entrance.Add a nice kitchenMaybe add a 1/2 bath if you have spaceWhite acoustic tiles should be okSolid surface flooring like a high end laminate or vinyl strip flooring.