It sounds like most people are in the 110-120 range for a quality product.

These house tend to attract high quality tenants which has kept management easier.

Not the schools or restaurants or the quality of living. 

You also develop a relationship as a closer and then property owners, retail management companies, other brokerages, developers are drawn to you because your buyer pool for quality is high.

You should be shooting for a decent cash-on-cash AFTER highering a professional (top quality) property manager.  

I've been stocking up on HILTON brand soaps, shampoos, etc...... is that too tacky.. should i be getting nicer quality things?

I'm currently looking around the Paterson, NJ area.1) I am looking for guidance on the best way to find a quality deal/a reliable real estate agent to advise me with my search.2) Since this is my first property I have never acquired a loan for purchasing property.

I'm willing to take a little lower cash flow for a more stable and quality property.  

I have a rep out there who could verify the actual quality of the work, but if I were to get it county permitted after the fact (if needed), and thus counted as new living space, will the tax go up? 

@Michael Ash,Are the tenants reporting it good quality tenants?