Out of town is a real challenge too.

Your primary challenge is doing the rehab with no out-of-pocket costs.  

I'm finding it to become challenging to work a full time job and coordinate a repairman and tenant schedules.

I think I would run out of cash  to satisfy their loan terms.  

It's difficult enough to find a Single Family for $100k; it's going to be a challenge to find a decent multi-family, in New Jersey, in that price range.

Though it's more clear what's going on since you have the business registered.One challenge in all this is when you "go to the bank to get a loan."  

Think about if FB wanted to how quickly could they challenge uber or airbnb or just any about company that relies on them but it must be chump change for them now.I am not a fan of UCLA forecasters, just sharing their take as this is what they do 365.  

My only challenge is that I am encouraging this behavior.

Once they're satisfied, they rarely come out a second time.

If that won't satisfy the seller ...