While this would improve the cashflow and cap rate for resale, I'm wondering if it would shrink my market of buyers, since they could no longer use conventional financing as it would no longer conform to a 2-4 unit building.

After the fix I want to put it on the market so I can pursue other real estate opportunities.

What have been your hurdles, if any, getting into the short term rental market? 

I just accepted a job as a marketing coordinator for a local RE agency franchise office, at 21yo, a recent college grad.

If you want to be more on the knowledge/digital side of skill, marketing is a good place to start.

I am looking to connect with folks in the NJ market!

It looks like it was listed in March for $500K and in June it dropped to $400K only to take it off market in July.

The market really tightened up in the last 3 years where they were better options. 

You may want to check the Columbus OH market - overall great macroeconomics.

I would definitely justify charging 1.5x the market rent for the inconvenience of not being able to move into the property.