I've seen the "it's too expensive in my area" narrative all over the forums, and I hate to sound like a cliché, but the market in New Jersey seems especially challenging.

HML - You have a challenge here:  If you are looking for hard money to purchase with the goal of refinancing, you will (frequently) need to show that you can refinance. 

I think @Corby Goade said it best with regards to the challenges with purchasing a condo unit as an investment.Most condos in NY require 20% down...

I agree with @Justin Abdilla's approach as these situations can be emotionally driven and may become legally challenging.

This will be your biggest challenge.

Since each market has its own set of unique risks, selecting managers with deep knowledge of that market is key.

My blindness requires that I establish alternative systems to identifying sellers and buyers, and successfully closing deals, a challenge I am ready to crush.Below are some of my goals with wholesaling.To build cash reserves.

Changing tax paying entity prior to a sale and commencement of a 1031 has consistently been challenged by the IRS. 

I agree "emotional" is challenging.

Hey @Dori AraziI wouldn’t let yourself get discouraged just yet.While you’re totally right that you have a better shot of finding a unicorn than you do finding a 2% rent:value or 15-20% CAP in coastal SoCal - the market here is quite unique.