For funding, explore options like FHA loans, personal savings, or creative financing, and focus on New Jersey markets that align with your goals, such as Newark for rentals or commuter towns for house hacking.

Wanting to incentivize/help those of retirement age to sell who won't sell/downsize because their new smaller home would be at a higher interest rate. 

Hey guys, I understand that a lot of time is spent talking about how to leverage your current real estate holdings to obtain new ones.  

There are really great REI opportunities in different markets - markets in the Midwest and Southeast of the country are particularly lucrative - where not only are the purchase prices reasonable for most RE investors, but the homes are turnkey (new builds or completely rehabbed homes, tenant ready, systems 10 years of life remaining on them, property management teams in place) with appreciating home value AND appreciating rent.

You sell when it fits with your original business plan (targeted NOI is reached, timeline is reached, etc.). 3.

Affordable Housing Incentives -While SB 9 encourages new development, it also includes provisions to protect existing tenants and preserve affordability.

Wishing you the very best on this new journey.

Here are some of the more longstanding discussions that may help to answer your questions.Specifically at Rent To Retirement, we operate a turnkey marketplace that focuses about 90% on A class, new construction properties located in growth markets.

Quote from @Alex Lee: I'm looking into buying a massive fixer upper in New Jersey.

Note it often is not a result of significant NOI change (excluding some markets where a lot of new units have been added). 3 recent studies show it is cheaper to rent than own in virtually all of the largest US markets.