We do have a management company also, but are hands on working with contractor, cleaning etc...  

However, I don't think Tacoma is done yet.UW has completely cleaned up the area down by the Swiss.

You may get lucky and find an "occupied" property vacant.If not, you'll get your best results offering cash for keys for a property delivered vacant in broom clean condition on a date certain.If you need to evict you may save some money vs. cash for keys but that definitely does not mean it's the better strategy financially.

Once I had more money to put down and landlord experience under my belt financing was much easier to get.

The better the deal, the easier it should be to find a partner because you can afford to give up more in the short run in order to own it in the long run.

Going to the site to see their chart makes it easier to understand. 

A video showing a broken fixture left on the foyer floor for the downstairs tenant to clean up.

The thinking is wealthier clients tend to be more experienced with a variety of investments and have investment "savvy", can understand risk and absorb losses easier and can understand these complex investments better.  

They get easier with each one.Since you live in NJ, a high cost and high property tax area your other option would be to buy out of state.There are many markets in the US where you can get a nice house for 75-100k.

This will allow people to get to know you and find you easier.