-I gave them a 3yr option to buy at anytime-purchase price increases 1.5% every 6 months-They put $10k down (non-refundable) that will go towards their purchase-They pay $1850 in rent. 

Currently working on analyzing properties, with a goal of minimizing human emotion  and solely looking at the numbers to purchase positive cash flowing properties.  

Granted MFH are more common in rougher parts of central jersey and my purchasing power can't acquire me something in North Jersey here homes are much more desirable when it comes to appreciation and schools and safety.

I’m also a bit skeptical of an all-in purchase/rehab at ~$115K grossing $2400/mo in rents.

Granted MFH are more common in rougher parts of central jersey and my purchasing power can't acquire me something in North Jersey here homes are much more desirable when it comes to appreciation and schools and safety.

I purchased those properties by saving the downpayment.

Granted MFH are more common in rougher parts of central jersey and my purchasing power can't acquire me something in North Jersey here homes are much more desirable when it comes to appreciation and schools and safety.

Many 401k plans offer a loan option for a real estate purchase if you plan to live in it. 

Financing rate is the smartest one to choose if I want to continue to purchase nhomes down the road.

Purchase: He says banks don't offer 30 year loans for CRE.