Perhaps someone with more intimate knowledge of the area can validate or dispel the type of neighborhood this is but it’s normally not good if that’s one of the first things to populate on the internet.

Does it help if we have PS5 or not a good idea for added amenities. 

Are there other good channels to find qualified tenants?

If you don’t think it’s a good method, then don’t do it.

Good Afternoon: There are a number of portfolio lenders in that area.

I would love to hear feedback on whether or not this is a good strategy, if Monmouth County NJ is a good area to invest in, if there are better areas to invest in?   

Good Luck!

Good luck investing.

Basically you need to be able to pay a large part of a long-term (multi-year) lease up-front, then still have some cash for renovation and interior/furniture, to finally recoup the investment through STR and a hopefully very quick way.

So another good reason to pick a lane.