We could get a new car and do something fun with the money but that would just be wasting the equity we have built up...bad idea.  

If you want to sell it and avoid capital gains tax, you could do a 1031 exchange into a new deal.

Many wont even live till 60.People get blinded by the new shiny toy that they forget, REAL ESTATE IS THE RETIREMENT VEHICLE so why put a retirement vehicle into another retirement vehicle which you can't even enjoy until you're dead or crippled with medical issues.

The second will be New York which i currently reside.

I know there is a new tenant protection law but the waiting time is extremely unfair to landlord.

Avoid they want your property in new condition.

The first a fix & flip so you can get the rehab done and then after 90 days ownership we can refinance based on the new value of the house into a DSCR loan. 

I am a new investor and still investigating the locations. 

Hello, I am fairly new to bigger pockets and this is my first forum question. 

It seems like New Jersey is not aligning with your expectations, especially with the rental laws, difficulty finding deals, and the expensive market.