Steve,It is true PE and investment groups have been gobbling up the market over the last 10 years- so much of the 'great all TOH parks' are more and more difficult to find. 

Seasoning is the time period between from closing of the last transaction to the closing of the new transaction. 

Hi everyone,I bought my first studio condo in Astoria, NYC, last December.

I want to remain local in NJ or at most drive down 1hr to PA (self-manage or, last resort, hire a PM)However, I must also consider maintaining reserves, a safety net for my primary home, and an emergency fund.It's just hard for a new investor now :(

But my experience over the last 10 years of building new homes is that NOTHING comes down might stay the same but will rise almost annually Like Cement always goes up in Jan. 

In the last 5 years, we've invested over $300k of savings toward down payments and rehabs. 

The seller said this is in a gentrified area so there's potential to rehab this effectively and get a high payout as shown in the last comp.

Seller decided to back out at the last moment for some arbitrary reason and just didn’t show up to closing to sign the docs.

I fired them last year.I just opened my mail to find a notice from a COLLECTION AGENCY stating I owed them money.

Lastly, check any shared doors or gaps and add door sweeps or weatherstripping to block sound from traveling between the units.