Would a formal written offer on official letterhead carry additional weight? 

The annual increase in property values for commercial property has been a more gradual consistent rate than that of the residential housing market.

That risk to hold becomes far more weighted, they'd have to sub 30 basis points AND out of cash flow(meaning no renter) to sell.

It may gradually change as sellers may not be interested in allowing showings and potential spread

I think we will feel the full weight of the shut down by then.

The compression of inventory over the last 10 years has gradually restricted the discounts on the buying side.

Agents with this type of expertise are worth their weight in gold to an investor--especially when the investor is relatively new and inexperienced.

if traditional, you would need to have income to support two mortgages; if non traditional 10%-25% down payment depending on the program/your personal situation2) Familiarize yourself with landlord/tenant laws of your state, consult with attorney, weight pros and cons of keeping your home as investment, evaluate risks associating with tenants not paying rents; put together a maintenance crew/team or look into hiring property managers..3) If you were to sell and then buy in NJ - in the ideal world where and what kind of property you would want to purchase?

Principle pay down, appreciation (forced and natural) and tax write offs carry much more weight long term. 

**We anticipate gradually stepping up to market rents over a 12-24 month period.