Just noise really, knowing the history of flight from cities to suburbs in NJ would probably be more useful.

One has to look at the big ticket items when you are doing your due diligence before you buy.

All you need to do is cash out your retirement accounts and buy powerball lottery tickets.

Some Sponsors will(or at least  used to) pay for your airplane ticket to visit the property, if you end up investing with them in that project.Stay away from most Financial advisors, since this is not what they are specializing.

He covers all the big ticket items like the roof, foundation, electrical, HVAC, etc.There was one home we had under contract, and his consultation discovered that the breaker box was one of those Federal Pacific breaker boxes, which is a known fire hazard.

In addition, I spent $400 on a flight, before the deal fell through, to be in Michigan on the closing date, which ultimately never happened.

Our airport has direct flights to a lot of major cities, and airlines are expanding their routes. 

.)- 10% property management fees (I never have, and plan to never have to, manage my own properties)- 5% cap-ex reserve (for big ticket items; I buy turnkey that have all major things replaced as part of the rehab, so shouldn’t need to tap into this fund for a long time, but important to start building it up)- 5% maintenance (for ongoing expenses that pop up, tenant turnover, etc.)- PITI (debt service, including taxes and insurance which are escrowed)= Cash flowI’ve been buying “1% properties” where my minimum cash flow that I would consider acceptable is $100/month, although I’m getting closer to $150-$175/month.

If you are interested in them, I would highly recommend that you book a flight and go look at 10-20 properties in different areas. 

Also plenty of people will take toll roads and not pay as well as not tell you they got a ticket.