NJ state law does not give you the ability to end a lease with a tenant unless it is for specific conditions.

Too much risk with management and poor property upkeep.There are properties listed for $100k in great condition but only rent for $750.

Which is also the types of properties I'm going to try to focus on, the ones that have the water, odor, mold damage that I can purchase in as-is condition. 

Saves you a lot of time.Then once they find properties that match your goal monthly returns, you can check their work.As far as the condition of the property, it depends on how much cash on hand you have to potentially do any renovations.

We are asking for 10 business days for conditions, in which I think then we will book an inspection!

I don’t know that COC means anything and it’s definitely not compatible between different geographical conditions property types, different length loans or different down payments.

@Ben Kirchner this was 30 years ago, but my point is that I am seeing the same inflationary conditions again. 

Nevertheless, that can be way off under current RE conditions.

Yes It should be in the condition it was when they moved in. 

Was attracted to the neighborhood and overall condition of this property.