I would work with a trusted, investor-friendly real estate agent who may be able to help identify which areas this could potentially be (as far as zoning).

Oh no it is VERY real.

Most importantly, we view this as a strategic move to grow our real estate portfolio.

2.Are there any potential risks we might be overlooking with the financing setup or local real estate market?

Quote from @Jackson Ebersole: Hi Piper,It's always smart to flip properties in-state, and I'd like to share some updated insights on why this approach is beneficial, especially in the New Jersey area.Lenders typically feel more comfortable with in-state flips because:You can manage the rehab more easilyYou have better knowledge of local real estate trends and valuesYou can respond quickly to issues or make decisions fasterThere's a lower risk of fraud or being taken advantage of by distant partnersI can help you with recommendations for the New Jersey market:North Bergen: Continues to show strong potential, with average profits now around $150,000 per flip and a gross ROI of 85%.Willingboro: While specific flip numbers aren't available, the market remains active with a gross ROI now averaging around 130%.Gloucester City: Still a top performer, with gross ROI hovering around 180-190%, though still on smaller profit margins.Irvington: Home values have continued to rise, with a 20% increase over the past two years.East Orange: Has seen steady growth, with home values up by about 16% since 2022.Paterson: Experienced a 14% increase in home values over the last two years.Additionally, Jersey City and Newark have emerged as promising markets for flips, with strong appreciation rates and growing demand.

Starting your journey in real estate investing can feel both exciting and overwhelming.

If anyone wants to connect to talk about real estate please feel free to reach out and connect with me!

Once the judge found for the plantiff it became a judgement and ATTACHED to that person as well as ALL assets that defendant owned including all real estate. 

This is the perfect place to learn about real estate investing. 

We both have fulltime jobs, but we would like to replace those and work in the real estate business.