Passaic, Bergen county, Edgewater, Fort Lee areas. 1) these areas are close to me. and 2) they are fairly desirable areas.

Frankly, @Lee Goree , that sounds like some sort of daisy chain. 

@Christopher Chamberlain,As Lee Smith pointed out, it has some advantages, but is not required.You don't a license to buy a property.

Typically that will be the case, to have a separate meter.For your 2nd question: if you are a proactive landlord that keep up with your tenants and Lee your Specialist informed of missed and late payments they will likely do the chasing/work for you.

Learn this one first.To your success,Lee Waldo

@Austin Lee Ok ya that is not a bad idea, due to were it is I do not want to sell it off to another person anytime soon.

I would reccommend a book by Lee Stroebel- the Case for Christ- ( I believe)

Thanks Lee~can always use a break in any day.

Lee Iacoca truly hit it on the head with his recent book highlighting today's lack of leadership.

@Jason Lee , I think 'buy and hold' income would be a great complement to the less even/seasonal restaurant business.