I’m always down to connect with fellow investors, especially those on a similar path, so hit me up anytime.

Every property of interest must be evaluated based on current and future performance.Current ConsiderationsTime to rentRenovation Cost & RiskInitial ROI and cash flowPurchase PriceMaintenance costAcceptable area rental restrictionsIn an area that is doing well and likely to do better in the future.In the migration path of urban sprawl.Future ConsiderationsThe location has a track record of appreciation and rent increases.It physically matches the expected demographic changes for the foreseeable future.Buy what your “customer” wants to rent, not what you think is a good property.

Some common paths are single-family rentals, multifamily units, house flipping, or short-term rentals.

No question is too basic; we’ve all started somewhere, and the more you can absorb now, the better.Wishing you the best of luck on this path!

They're very straightforward.

In states like Florida, Texas, Arizona, and Southern California, investors can typically plan their projects without worrying about weather disruptions or seasonal demand lulls, creating a more consistent path to profit.Final ThoughtsWhile traditional real estate wisdom suggests paying attention to the seasons, some markets across the U.S. are far less affected by these changes.

I understand that forming an LLC and having a business account could be beneficial for this purpose.Thank you for your assistance as I navigate these questions and seek a clearer path forward.

Sounds to me like you are already on the right path. 

Take the Path the Jersey City or a bus to Weehawken or Union City one weekend and walk around.

Because with a note on the property, roughly 26K remaining on a seller financing note, If a receiver decides to go forward with in a similar path to rehab, how does the city create allowances for notes on the property.