That's why it's important to choose more stable markets that don't have a lot of volatility in pricing.

Apart from learning/educating, you can choose to work with experienced Sponsors by investing in their deals.

Please include why you choose either of the two (and if you choose a trust please include the type of trust).Thanks!

I’d pass on renovations unless it’s minor stuff like painting refinishing floors, maybe a kitchen or bath redo.

They said they would close in 3-90 days you choose.

I did a complete cosmetic rehab. new bath and kitchen, paint, flooring and recessed lighting.

It might be different in your market but in a lot of places there are just more people moving in the summer, so you would have a larger tenant pool to choose from, compared to the winter when fewer people are moving. 

New shower trim and paint.

If I choose to go with a traditional mortgage on this property, can I use a FHA loan down the road when I want to purchase my primary residence up here in NJ?

My momma always said she's sometimes you got to pick and choose your battles.