What are you basing that on out of curiosity? 

I would guess just based off of the info given that your best bet for wealth building is to go low down payment in NC in a great area (Im down here, if you have any questions shoot me a dm) and hold the NJ property.

DSCR loans are based off of down payment, credit score and either actual or market rents so it helps to supercharge an investor's real estate goals and net worth.

I’ve never done a 1031 before and every Google search along the lines of “retroactive 1031 exchange” is about reversing the sale of a house you just bought, via a 1031.I’m talking about buying a house weeks before your old rental sells, and somehow having that whole transaction fit under one 1031 exchange.Last thing I would want to do is pay pay the new property’s downpayment in cash, and then turn around and find out it doesn’t qualify for a 1031 since I bought it before selling the first house, and then also having to go buy another house with the 1031 funds, and never recoup my own cash I used on the new rental.Hope that makes sense, I will be happy to clarify if it doesn’t.

View report*This link comes directly from our calculators, based on information input by the member who posted.I am supposed to be purchasing this property as a house hack in a week.

Depending on your state laws you may have a case just based on the 54 day timeframe if you have proof of that.

I would rent out by the room based on overall square footage of each room.

I am searching for a piece of land on the outskirts of Charlotte. 

Based on what you wrote, it seems like the washer is hers in which case her insurance should cover it. 

Also, if you're investing in multiple states, just make sure your professional understands what is necessary for filing based on that situation.