Condo values are also the fastest to fall and the last to rise when entering and leaving a recession, respectively. 

Once you get into investing in units that are 5 and above then you enter the Commercial Real Esate realm. 

NJ is entering the next phase in lifting restrictions next week.

This generally means:o Your landlord cannot lock you out without a court ordero Your landlord cannot enter your unit without notice, except in emergencies.You have the right to be free from discrimination based on yourYour landlord must return your security deposit within 45 days of you moving out, if youleave the unit in good order and give a forwarding address in writing.

My question is...do you feel comfortable purchasing a property that you can not enter yourself and just have go off inspection reports?

Are there certain sectors that will perform better now, and will these be good businesses for newbies to enter? 

You are in danger of entering a downward spiral that looks like this: the owner can't fill vacancies bacause your units are unattractive, cash flow is down, owner hesitates to improve units, pushes PM to fill units anyway, so they lower the standard which leads to much bigger and expensive problems including ecivtions.

I believe that we are about to enter a recession, if we haven't already, but COVID and the possibility of a second shutdown throw in a lot of unknowns that may not play out like past recessions.Catalyst: I expect a roughly 65K inheritance around mid-July.Option 1:Pay off high interest debt and increase monthly disposable income; Save for a property 12 - 18 months from now.$33K consolidation loan @ 9.9% ($1365/mo)$15K 401K loan (Currently on pause until December. $940/mo for 16 more months.

It doesn't take long, just enter your info and submit copies of your articles of incorporation and operating agreements if necessary. 

And it is a low cost to enter into the game here.