Numerous posts, books, podcasts he's done over the years. 

I would look for a very attractive cap rate before considering an investment here given the above-stated market factors.

May not be worth it if you've got really attractive 30y loans you don't want to touch.(2) Sell a portion so you have a cash position.  1031 it into a DST with the intention to later buy more property in the next cycle.(3) Find a different market.  

Here in Allentown/Bethlehem, they do not like to re-zone something as "rooming house", as that is where they typically have the most trouble given the quality of tenants it attracts.  

Maybe that multi-unit constructed on the acreage if you really wanted and if that acreage is attractive to tourists, you could rent long term or airbnb those units. 

Just gotta figure out if you have the energy/time to deal with potential tenant issues/money you're willing to pay for management.I have a rental in the hood, and it's wonderful because we made it so and designed the place to attract the right tenant.

I'm stalling here because I keep coming across private lenders that want me to submit my app with the deal BUT I was taught through numerous sources that I should have funding lined up prior to going for the deals.

All last summer I talked to anyone I could about it and I had numerous people interested in investing but when the runner hit the road, no one dove in with us, which is totally fine.

But when you consider how far along a foreclosure that an asset is, that will also make it more attractive.  

Hello Everyone my name is Mike and I just started reading BP a couple of weeks ago.I have been just browsing for a while and finally decided to introduce myself.Currently I live in NY but I am looking at the rental properties for sale Irvington NJ area since the prices look very attractive.