The program stipulates that you MUST stay in the home 5 years or you lose a pro rated portion of that 8k.

If there's enough duplexes that it's likely you find one you like in a reasonable amount of time (less than a year), then start looking at them in your preferred area.

Rates are a bit higher but if you can leverage up to do more than 1 flip at a time, it will be worth paying the lender fees.

Hey @Justin Snead, it’s fairly easy to get your license in your spare time online.

Quote from @Donnie Jones: The harsh truth is that wholesaling is a job, not a means of investing.

Take your time, be wise, and time will reward you.

Here's why:The Multi-State Chess Game:• Client had properties in 3 states• Each state has different deadlines to assess taxes• Federal changes trigger automatic state assessments• Timing the response saved $45K in state taxes🏠 Real Estate Investor Pro Tip:States can't assess back taxes if their statute of limitations expires before federal changes finalize.

If you have evidence of the damage, it is unlikely the tenant will spend the time and money to take you to court.

Assessments in NJ are not done on sale, unless it's a new build or a complete renovation where the permits tip them to reassess, so every three years or so they reassess all of the properties and taxes go up most of the time.

Long-term, new appliances save time, money, and frustration.