I’m currently targeting properties in the $200K–$500K range, depending on the location and potential cash flow.

I am not interested in being a slum lord; I prefer nice homes in the 350-450k range that have a good chance to appreciate and that attract stable renters with good incomes.  

I had an inventory of the items along with the lease agreement.

Even though there is low inventory, interest rates are high, and many properties don't cash flow, look harder there are always deals, you just need to find/make them.

The tough part about New Jersey is that it is very competitive and very tight on inventory right now.

I’m a first-timer, so bear with me if I sound a little clueless – I’m still figuring it all out.Here’s the scoop: I’m looking to purchase a long-term rental property within the $300-350k budget range.

This added inventory gave renters more options, leading to increased competition for landlords.Why This Matters (and Why There's Hope)For landlords accustomed to a manageable 6-day increase in DOM during the holidays, the 10+ day spike might feel concerning.

It's been great - the property is 100% paid off and the house is worth 300-340k generating approx $2300/mo (that's after utilities/management fees etc.)I'm considering selling the property to buy 3 more within the same price range in the same market. 

Ranges can be fine if they’re in good condition, but inspect them thoroughly.

After 5 years, my wife and I decided to make a change and moved to Nashville TN where I work as a project manager on projects ranging from several million on up to around 300 million.