The same applies to buying businesses whether it’s online businesses, plumbing companies, or professional services like a CPA rollup.

There are several topical solutions that can be applied to the dog to reduce fleas.

@Loan NguyenRecommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a Class A property in Class D area, what quality of tenant will you get?

You may have local ordinance(s) that allow them to step in and apply pressure to correct the matter.

You want to figure out all of the permits you need at the start and apply for them all, get them, and then get to work. 

If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a Class A property in Class D area, what quality of tenant will you get?

BRRR house hacking using 5% down loan and applying down payment to renovations forcing appreciation is tough to beat and allows you to move quickly in NJ. 

I've helped several investors structure their deals in a way that works for them, and I'd be happy to chat about how it could apply to your situation.I sent you a connect request.

I know people that are really good at their trade (plumbing, cleaning, electrician, etc) but they don't have financial discipline, they don't know how to market, they suck at customer service, they don't use tools to their advantage, etc.Cody Sanchez (lady in the video) buys different types of businesses and makes them profitable by applying basic business disciplines.

Good tenants do not typically apply for overpriced apartments.