Compare to the stock market and bitcoin, housing market is not at the stage of crazy yet like stocks and bitcoin.

Guess ill just give it  a shot on my deal and compare the info to the actual county websites.

Many of the examples I hear about on the forums in other areas are not comparable in terms of purchase price and taxes, unless I look significantly less desirable areas of NJ (Camden, Trenton, Newark).

I know in some markets, traditional forms of marketing like bandit signs and direct mail might work really well and in other markets people might be seeing success with their online marketing ( like websites, social media, youtube channel, etc).

Numbers like occupancy rates, loan defaults, etc. all remain quite favorable when compared to those of SFHs during a recession.On top of that, if you work with a good syndicator, they'll only bring you deals that will perform (albeit not to projections) in a down market.

I sold both of my motorcycles and used the money as a down payment on my first ever property that I acquired with a traditional bank loan. 

Keep in mind the ductless mini splits hvac systems work well enough in the smaller style homes and are relatively cheap as compared. 

Here apartment buildings are assessed {theoretically} on the value of the business where separately deeded town/row houses would be assessed based on comparative sales.    

This will give you the most honest comparable return calculation similar to NPV.

If you paid $300K+ for the townhome that really is not a great ROI%, but you'd still be cash flowing $165/month from essentially doing nothing.The option to sell or not is up to you, but if you didn't want to there's always the following options for tapping into equity.1) Taking out a HELOC2) Taking out a traditional home equity loan3) Cash out Re-finance (normally done on free-and-clear properties though I think they can be done as long as you're above 80% LTV)