Operationally, it's easier in multifamily and you'll have cost-saving opportunities as well when it comes to certain expenses.

Northern NJ is not the best place for retirement but it is a great place to raise a family due to the great schools and for those needing easy access to NYC.

Did you save enough money for a new purchase?

A good manager will handle everything from marketing to maintenance and tenant screening, saving you time and stress.Vendors and LandscapingBuilding a team of dependable vendors—like landscaping companies, contractors, and insurance agents—is critical.

Doing it in December will not save you any taxes anyway.

They told them that this investment will change their life and that money in a retirement account or 401k is worthless.

Lives and life savings have been stolen.  

If I already have some properties under my belt and they are cash flowing, I'll be much more willing to save time by using paid tools etc.

Thank you for putting it out there and potentially saving someone else in the future. 

If you're looking to scale it could be worth while to sell and re-distribute that equity with the help of some save leverage.