@Ashley Guerra - I live and invest outside of Philadelphia, so I can't comment on your specific markets in central and south Jersey, but can provide my perspective on things to think about to help your decision.1) I would consider speaking to 3-5 people/investors in each market you are considering (central and south Jersey) to listen to their thoughts on pros/cons of the area and how they invest.

The seller contacted me after sending her a postcard about the property.

@Thomas TrotterIf you want to network or ask specific questions about your local market, go to your local real estate forum and connect with investors from your area: https://www.biggerpockets.com/forums/86-local-real-estate-networkingYou can meet local investors by registering to attend real estate events in your area: https://www.biggerpockets.com/forums/521-events-and-happenin..Good luck .

@Raphael Pangilinan you will want to interview several HMLs as they may offer different terms depending on your experience.I’m very familiar with the Temple market and I have investments there myself.

That’s far better than they can make in the volatile stock market  annualized year after year in cash flow alone.

I don't have any experience in Louisville but have you ever thought about the Cincinnati market?

Research your market, understand financing options, and consider multifamily properties.

., closing attorney or seller attorney).  

My sponsors will market their net fees, but I have not participated in any pref equity positions, so not sure what is "market".  

I am not super familiar with your market (although I'm sure it's similar), we have a ton of local Chicago real estate investor meetups.Getting to those things in person changed my life, and I was able to connect with mentors, experienced investors, and a lot of good people.