Zero tax state, no insurance or property tax issues like FL and TX. 

Use the lookup function with my name and Spring lake and Journeys End subdivision posts.First step is have your local surveyor survey the property.  

One other thought is ask your lawyer that you are using to close on the property - he/she may be able to give you a template of something they use.

If you ever want to exchange ideas or discuss what types of properties you are looking for, I’d be happy to connect.Also, it’s fantastic that you enjoy bodybuilding and working on cars—strength training and cars are big passions of mine, too.

And they give you, the property owner, last right of refusal.

Unfortunately, North Jersey is probably one of the hardest BRRRR markets in the country right now because of extremely low inventory, high demand, and pushed up prices because single-family home buyers are buying the properties that we all used to buy to fix up because they are desperate.You can BRRRR, carefully, into many parts of Pennsylvania though but remember that interest rates right now make it very hard to BRRRR.

@Nik FarooquiI bought 3 properties at auctions during the real estate downturn in 1992-1993.

Generally, if you purchase a property in the name of an LLC, you may end up with less favorable lending terms.

In this specific case, as several pointed out, the risk has gone up and so the price should go down.BUT, there is so much more to consider.1) How long has the seller owner the property?

We're looking into camera options to monitor vacant properties being advertised for rent.