They're both great imho.Hoboken will be fine in the long run, but your intuition about a soft patch is most likely true.  

We were always taught the true value of money.

If you don't hire a professional and you decide to sell you may regret it when you have trouble selling.  

Get one tenant in there dealing drugs and you have trouble with all 10 tenants.The opposite is also true.

First is this true?

Both clients are very happy with the results and they both walked away with money in their pockets.It was a win-win for everyone and a true double success story. 

It is also near downtown, and conveniently located within a short drive to other business districts, so we get some inquiries from professionals.

That can happen in a hot market, or it can happen in a crashed market, and any and all points in between, and a true investor will be willing and able to pull the trigger on such a deal at any time and any market condition.

@Mark SpritzThe custodian is the bank or trust company that directly holds the retirement account assets (and typically creates the retirement account).The self-directed IRA (without an LLC) and the IRA LLC both require a custodian.Only the Solo 401k does not require a custodian.It's true you can have checkbook control with an IRA LLC and a Solo 401k, but the IRA LLC will still require a custodian.

Information regarding proposed professional manager and/or transferee’s management experience 7.