Then, you have the cost for insurance, registration and normal maintenance e.g. batteries that often cost up to $200 these days.

Seems like regular wear.Get the sealed smoke alarms that are good for ten years and can’t have the batteries removed.

But it's just that....pure spec play.

Some want a pure investment, they like the money, and they don't mind the extra bit of work.

Such vehicles are purely a means to diversify the investments of the IRA.

Do you currently need an electrician or plumber it is that aspect purely proactive?

I haven't been able yet to embrace a pure negative cash flow investment.  

This right here is pure gold.  

NJ has properties at all different price points--some could be better for a pure appreciation play, while others could be better for cash flow, and others still somewhere in between--so it really depends on what you can afford and what you are trying to accomplish.In terms of North Jersey, pretty much everywhere is hot, much like the rest of the U.S. right now. 

1. purely for cash flow, take a look at Indy, Birmingham and Memphis2.