This new property is roughly 1,600 sqft, with 3 beds and 2 baths.We see this as a unique opportunity, especially considering how rare it is to find this price for new construction in the California market.

The only reason they shed tears and beg to stay is because you are probably renting to them well below market and it is in their best interest to stay put as long as they can.Did you sign a lease?

I think you need to start looking at other markets to buy assets in, or look to buy and sell assets in NJ for equity.Gino

What we are pointing out is that this is a view of the market that changes constantly.

And basically anything that rings a bell would be helpful.The reason i am asking about this is i am trying to understand if there is a market need (pain) to make revenue streams more predictable and to insure away such risks.

If you want to network or ask specific questions about your local market, go to your local real estate forum and connect with investors from your area: https://www.biggerpockets.com/forums/86-local-real-estate-networking5.

When I started, these forums, doing research online, and cold calling really helped me find some of the bigger investors in my market. 

Is this purely a market appreciation deal that you're meant to hold onto 10+ yrs for it to make sense on paper?

Very familiar with the VA market.

In order to fund properties, we’re focusing on starting a seller services business.