We're looking at expanding from our current knowledge in the real estate industry (we both used to be agents in another state) and learn the ins and outs of flipping, wholesaling, and eventually renting. mostly looking to learn from the immense amount of knowledge within the community and hopefully share some of what we learned from the agents side as well. also hoping to meet up and network with others in the industry as well and get recommendations on good trade workers that work around the area as we haven't networked nearly at all since moving here.Looking forward to hearing and learning from you all.

My understanding/impression is that most of the 15 tenants are in the 700-1500 sq ft. range with the largest space being 2200 sq. ft.The Office Submarket looks as such: Flat capital growth and lease rate growth since the recession13.7% average vacancy rate in submarket 3 star (10.9% across all level properties)Availability rate 13.9%12 month net absorption SF 227kAverage 12 month sales Cap 7.7% (across all star properties)0 new properties under construction or to be delivered in the next 12 months Average lease rates are $22-24 sq. ft (this property is about 21.5-22)Value add (seems to be a stretch but might be):Upgrading interior hallways and exterior for a broader appeal and capital appreciationOffer basic build outs to interested parties (not something the current owners do) Working against the office submarket in North NJ is a declining population.and high property taxes but the 2 star being at the bottom may be better equipped to handle stagnancy.This building is on main road with a15-17k car count a year/ does provide signage is near retail and less than a 1/5 mile off a highway exit and is close to a city center.  

I am new to the rental property industry.

They are roughly 600 a mo. for an average of 20-25 leads.

I’m an industrial electrician with no experience in real estate.

I’m an industrial electrician with no experience in real estate.

I don’t personally like to buy in neighbourhoods that have an average household income of less than 60k per year.

We average 1 renter every one to two months.

Lot rents seem low at an average of $111, but I will confirm this during due diligence.  

If they attack, they have the physically capability to inflict 10x the damage compared to an  "average" dog of the same size.