I should preface this with, this is not an open door for me to loan, I do not offer my private money loans through this forum.

I'll have an answer for you then.

105k to purchase and now about 22k to rehab with an ARV of 140k. 

I'm an Airbnb/VRBO owner myself, happy to help consult on some design improvements, but it'd be helpful to learn more of what your goals are.

I know for a fact that NJ has some unreal taxes and they keep getting higher each year for no benefits.If you have any questions feel free to reach out or send me an email I am always happy to help Bigger Pockets members.

If my first impression is an accurate depiction what you experience is the cost of doing business there.

I'm an architect in the western suburbs.

Resident homeowners aged 65 and older or disabled can receive a $50,000 exemption against fair market value.In North Carolina, residential real estate is also taxed on an ad valorem basis, with each county administering assessments and collections.

That should cover you for liability unless you plan to manage the property very poorly.A trust owning an LLC seems to be overkill for a single rental.

This property isn’t in an A class neighborhood by any means and really just looking to update enough to be able to be livable.