My purchasing power can afford me a house down there and I also work in South Jersey (Cherry Hill) and live in central jersey.

Reach out if you’d like to discuss the process further and get you prepared.I seek a product that shortens the 3 weeks down to 1 day where the lender makes the decision based on criteria that will be real in the future and is easy validatable when everyone is at the closing table. 

@Andy HawkinsWelcome to Bigger Pockets and good luck. 

My friend Jordan and I host a free call every Monday & Friday to jam on STR info.

They are not quite there for STR, and I would highly suggest giving them a bit more time to work out listing STR.

My wife and I are passionate about real estate and looking to purchase our first long-term rental property (small multi-family).

Seems like you know the answer and need confirmation (and I am typing this from a 3/2 beach block condo in Wildwood Crest.)At 25% down purchase, even renting 12-14 weeks you would negative cash flow $3-5k month when you consider the many layers of expenses and the current rate environment.

My purchasing power can afford me a house down there and I also work in South Jersey (Cherry Hill) and live in central jersey. 

Hi there, My husband and I both purchased properties in 2019 before meeting each other.

The salespeople painted a rosy picture, and I was willing to pay if their services were delivered.