@John Walter As a home-owner (house-hacker) and active RE agent in Bayonne I can tell you there has been a lot of investment/development along Broadway and around all 4 light rail "hubs". 

So you have the budget to replace AC, hot water tank if and when they go out and you have the budget to do a light cosmetic upgrade to raise rent rates a bit when you're ready. 

Goal is to close in 30-45 days, but I’ve been warned that it might be faster, might be slower.

I am warning you after seeing this many times with "hurricane relief" through the SBA. 

Hi Greg, thanks for the feed back, and yes you are right, now I'm  not a professional landlord, but I've had 2 other properties there one of which I still own one and I also didn't have any problems placing tenants, the principal of the high school there has been living in the one I currently own there for 2 years now, the work being done is pretty much a total remodel kitchen cabinets, bathrooms remodels,replace the sheetroock in one of the bedrooms re-texture the walls, get rid of a gas fireplace, new flooring, painting interior and exterior light fixtures and add a central heat and air and is a 1300 sf 3/2.The people who lived there were just not clean at all and they just didn't care for the property. 

So here's my joke and it's a really bad one because I can never remember a joke so I just made it up - but sort of appropriate to what I'm attempting to say.How many appraisers does it take to change a light bulb?

Fellow investors and landlords,I have decided to offer my tenants a small discount for paying their rent on time, in light of the current situation.

But at least you warned us.

So I took it up on my self to call and have the electric put in my name cause I knew what he meant by shouting **** down around here..So we went all weekend thinking since the guy came Friday and talked with him and he knew what was going on and he knew cause this was his 3rd time to deal with norma and will roberts that he wasn't turning it off cause there wasn't no bang out here they were going to be working . they were just trying to force us out and make us leave and leave hafe of ourvstuff here cause he had already had the locks changed on the shop were all our tools were and our other things that we had stored in there.but in oklahoma I did know what I could do about any of this cause now ive came home to a generator running my house to keep lights going anf my freg amd things and ive got the shitvthatvthe hole world is scared of.so I'm corninten to this place for at least 3 weeks the earliest . and I'm not wantingvtobhere this noisy thing that long.

We have a list of prospective tenants that could fill the building, but in light of the COVID-19 crisis, I'd like to offer a month's free rent to hospital employees and municipal first responders.