Look up the courses taught by Justin Kivel, specifically the Pro forma modeling course and the real estate financial modeling boot camp.

Our letter specifically stated no appraisal necessary.

You should consult an attorney or CPA for your specific situation.ANONYMITY: When you create the LLC, your name is recorded on the documents and published on the Secretary of State's website for all to see.

After 2 years you can apply for a “Rent consideration” (I think that’s what they called it) as long as you still live there and that may allow you to increase rents by more than the annual allowance (probably designed for unit that are very low rents).

I personally like Alabama and Tennessee a lot, depending on what specific area you're looking at.Look for Class B or C properties in stable rental markets, particularly single-family homes or duplexes.

If you need help with landlord laws, house backing strategies, or traditional MTR investing specific to New Jersey happy to help.

Happy to share lessons learned from out of state managing/investing if you have specific questions. 

I don't mean to be negative and obviously, you are going to do what you want to do, but to put it in perspective, I bought one of my 1st properties in 1990 (at a peak), and sold at a significant loss in 1997, due to specific circumstances.

very high risk even I only do them with very specific investors in mind and a plan. we dont flip land we develop every one. 

Pre '2010', maybe just maybe it will lean heavier on the fundamental mechanics than specific processes.