Just be wary in NJ about taxes and the effect of a non-paying tenant.

@Russell BrazilI would argue that the yield if an asset has everything to do it.Why invest in one 6% yield asset when you might be able to invest in two or three 12% yield assets in another market.The point was about judging the effectiveness of the BRRRR method in a hot market.

however it is rare you get a fire after all the homes we have had I think we have had maybe 3.. when I had my big rental portfolio I was just about to go to self insurance.. at 200 to 300 homes in the low value asset areas self insurance for fire becomes very cost effective when its private equity and no bank.  

The checkbook IRA or Solo 401(k) are more nimble and cost effective.

Supply/demand and effective purchasing power are what I look at for location trends in our area.

"No Cause" Termination is a simple way to go and can't be contested and is an effective way to remove a tenant (not allowed in King County).

Here's why-https://www.biggerpockets.com/blog/2014/01/18/buy-...Run the numbers and see what is more profitable- buying your own home (and in SF?

That's the most effective method.

Read the forums, blogs, and books, Listen to the podcasts, Network, and be prepared for when you return.God bless and stay safe!

With this fact pattern, its tough contemplating losing maybe up to 20% of my initial capital in load charges to sell and buy just to effectively annuitize what I have.