They are NOT doing FHA unless they're buying a duplex, triplex or fourplex for one of their first units.

Great post, @Steve MaginnisI'm working on a sale now - the owner is self managing landlord, he's proud how much money he saved for 25 years of owning few condos.He was renting his condo for $650/mo - no lease, tenant pay cash, he pays HOA, taxes and happy to have $400/mo cash flow.I rent exactly same condo for my tenant in this development for $890, same expenses =$250/mo and my PM=$100.

@Bailey Brown What are you looking to invest in SFH, Duplex or Quadplex?

It is my understanding that in Union City, if an individual owns less than 3 condos in the same building, then they are not subject to rent control.Feel free to message me for any other questions you may have.

I'm a full-time Realtor with C21, but I'm looking to put some partners together to start doing flips.I did a duplex in Rockland MA last year and it went pretty well. 

I closed on my first duplex this February and then closed on 2 properties simultaneously in early July in Platteville, WI, where I went to college.

Looking at a condo to wholesale.

I am currently being offered to sell one of my condo units along with the entire building complex. 

I don't know I would call a .7% property (if its a duplex) great but out west that's about average.

Looking for anyone with experience with short term rentals in this market.I'm considering starting out small with a 1 bed 1 bath condo that will have a small mortgage + HOA fees.