See opportunity where others do not; stay connected to the agents and seller while patiently keeping them informed of my motivation to close a deal, and my willingness to wait for the right price.

If you are going to do this type of business make sure it is in an area you can visit or make yourself familiar with, you have someone that is representing YOU at the table like your Attorrney, and you don't make decisions based on "we need to wrap this up". 

Keep in mind I removed 10% mgmt fee, but kept 10% reserves for Capex and repairs:Cash Flow : $960   Pro forma cap rate of 8.42% (obvs better if you could get my high estimate of $75k rehab down)COC return:  9.6%If any OOS or local KC investors  are interested in having detailed analysis and information sent your way, contact me.

I almost feel spoiled on how much information it gives you, pre-calculating all the data and even giving you estimates on potential cash flow.

I had to learn how to guess how much value I could add to a property and base my guesses on facts.The journey was already hard because of the lack of experience and information at the start.

Thank you for the information!

I have around $500K to invest and also have the opportunity to pool additional funds from investors, totaling approximately $1 million.Considering the complexities and governmental regulations in New Jersey, I'm struggling to make a decision.

In general, when you paste a good deal make sure to provide as much of the information as possible or people will start treating you as a scammer.

I 2nd what Jaron said - we need more information to accurately answer your question.

They can also claim you were 2000 miles away and not there to make decisions or provide feedback, and if you never visited the property that is another X against you.