Its tough to know if they have these three when you are starting out.

If you have underwritten the market and community that is a great start.

@Bryan Melendezcan you start with a house hack in Florida instead?

Given that your equity has doubled, it’s worth evaluating if your current property is underperforming based on the equity you’ve built.Formula:ROE = (Annual Cash Flow / Total Equity) x 100If your ROE is relatively low, it might be more beneficial to sell the property and invest in a higher cash-flowing market.2.

Equally Splitting the Bill: One straightforward approach could be to divide the total water bill evenly between the two units each month.

@James Walker I would start with planning and zoning, assuming you've done that part and/or feel likely you can get it approved, then I would pay for a feasibility study from a neutral 3rd party. 

You can only promise to go look for a buyer.)Wholesaling is often sold as the easy way to get started.

Build it into your model of start-up costs, down payment, or other initial costs of the purchase. 

As I’m now looking to start purchasing and flipping properties on my own, I’m seeking any advice or guidance on getting started, particularly when it comes to finding good deals in the Central New Jersey area.In addition to learning more about the investment side, I’m also open to networking and offering my expertise from a contracting perspective to help others in the community.I appreciate any insights and look forward to connecting!

But the borrower wouldn't cooperate, things dragged out, and the AG started making vague threats.