Talk to any tax expert and they will tell you that the majority of the tax code is designed to encourage the populace to start businesses that provide the benefits to society that the government deems desirable.

Fortunately society in general sees things differently.

The home I put an offer on was in Lodi NJ which was a bit of a compromise for me in terms of the town I would like to be in, I would ideally like to stay away from more urban areas such as Paterson, Newark, elizabeth, etc.  

To this date, the owner on the property record still shows "SECRETARY OF DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT" as the owner even though the party I'm buying it from is Wells Fargo Bank.

However, One thing to note about So Cal properties is the supply is finite especially in coastal urban areas.

I think most reasonable people believe that a strong middle class is important to a well functioning society.

I would describe this property as urban camping or a youth hostel for adults.  

All three are interesting markets with promising growth in the years to come and they're urban metro areas which I tend to like.Each of these cities have sub-clusters in their peripheral that often times make for good low-cost but high-yield investment zones.

Account Closed Im marketing within either central Jersey or Urban Neighborhoods such as trenton NJ or Newark for cheaper price.

I think the way our society is now, people will need more and more places to live that a smaller house that is a new build will be a huge selling point.