This is an essential tool for anyone buying a tenant-occupied property.

Hello BP Community,Can anyone offer me a sound and professional property management group in the northern NJ area who have vast experience in multi-family services that comes highly recommended?

A Heloc is a good tool for doing renovations or repairs but not for down payments.Especially now that rates are higher on HELOCs versus a simple cash out refinance.

If you haven't already, consider looking into whether or not your fiancé would have been covered under the Servicemember's Civil Relief Act (SCRA) https://www.dmdc.osd.mil/appj/scra/In certain instances, things like high interest credit cards and certain loans would be capped at 6% APR, with any overages/fees being FORGIVEN and not just deferred. 

They say it might be a tear down...who knows...Building in the area is pretty high.

Constant housekeeping complaints, bookkeeping errors, them using my property for their personal gain without me knowing it, charging outrageous "fees" that they didn't share with me, which effectively lowered my rents, and questionable repairs and maintenance expenses and quality. 

@Jon Klaus I would highly recommend it for her.

One tool I've utilized extensively for personal and client acquisitions are seller carried transactions. 

From my part, I analyze the property's location, neighborhood growth, appreciation factor, the average rents using some paid tools, and crunch some numbers for them to let them know the CoC return, cash flow, and more etc.

Time sink: takes so much effort and time while working full time.Option 2: Buying Rental Property in a Cheaper MarketPros:Time to cash is immediate is about 40 days from closing time.Landlord friendly: which means eviction and rent control in LandlordDiversification: Investing in a different location spreads the risk.Property Appreciation: Some emerging markets might offer significant appreciation over time.Established Rental Market: Easier to find tenants in established rental markets with a high demand.Potential to build an ADU: i can build on the property land.