Hello all,I am first time investor and I’m looking at multi family houses in NJ.

It's also a good idea to check with the bank ahead of time to see if they have any specific requirements.

Generally from the day you purchase a property through the day you sell it (in a taxable transaction), you'll be taxed on your net accretion of cash flow over that time period.The timing of when income is taxed is likely going to be much different than when the cash flow is received though. 

By election time, I expect us to be heavily involved in a war on one or more fronts across the globe with considerable conflict and tumult across the U.S.

Do the tenants typically pay on time or are tenant problems common? 

No delays, no red tape, no custodian transaction fees each time you perform a transaction.  

The trend we are seeing since July has been a slower time to fill vacants that do experience a move out instead of renewal.  

There was $700,000 of depreciation leftover at the time of the exchange (aka “carryover basis”).

I obviously haven't seen the condition of this property, but just gut-check I'd have a hard time believing anything under $500/month.

Admittedly, this is not standard, and when installers arrived they said they can't and won't do it)Supplies not arriving on time and impacting scheduling.