I also understand the power of commercial / large multi family investments, considering my family's multi-family home is under an LLC, but I also see how much work it can be.All in all, it would be nice to hear from anyone in the BiggerPockets community, specifically- what everyone recommends as the best way to get started in NJ, what makes sense for my situation, and what areas do you see the most cooling / opportunities in.

I am trying to see the upside and the downside of this scenario.  

See the image below.If you follow the steps I outlined, your odds of consistently buying dependable passive income properties are excellent.

No way do I see the prohibition of anyone owning multiple units surviving any kind of legal challenge.

You get into commercial deals you'll see, the work starts at the PA/LOI.    

People will then "take a chance" and see the property.

In the future, when solar panels are used to charge on-site batteries and vehicles, I think you'll see the value proposition shift.

But we see things like people trying infinite banking, $5000 down on a $673k duplex.

See the condition of the inside, wether it's knocking on the door or looking through the window. 

Most FSBO sellers see the list price as the "true sales price", versus realizing that most of the time it is the price agreed that paid for all fees, NOT the value of the home.