I love to learn and love to teach so if anyone needs help in this area I have you covered.  

From what I’m seeing in this market (Hoboken, Essex and Bergen county), it’s really hard to break-even or turn a profit.

Am I in the ballpark that if I purchase this for $110K today, that it would yield about a 20% IRR? 

Redfin and zillow should give this data freely..correct?

If you live in KC, look in the Event section here for meetups near you and use sites like Meetup dot com to look for real estate investor meetups.

Cash-out refinance: this is a little painful with current interest rates3.

I’ve seen this work for niche investors who are more focused on cash flow potential than buying turnkey properties.Hope this helps bring some clarity.

Very interesting thanks for sharing, how does this kind of thing differ form the chip manufacturing and server farms we are seeing in the midwest also? 

@McKinly SpringerThis did not bond as they didn’t prep the floor properly nor was this done properlyIt does not appear they even used a self leveling material like ardexTo me this appears all of it needs to be ripped out and redone properly

I am relatively new to real estate investing and my goal is to start with a househack this year and scale my portfolio over time.