I was raised in New Jersey and live in California now and remotely manage one property in Ewing.

With rent increases like this, it almost justifies buying with neutral cash flow in anticipation of raising rents.

-She fast-talked me into giving her a three year lease and a cheap rent because she wanted immigration (her husband just got his green card) required it.  

Your business card with logo may give people a perception of professionalism at the beginning but true professionalism is demonstrated by how you operate.You asked if it's a bad idea and I think it is.

I think you need to either raise rent to fair market or dump the property.

One thing is, myself included, owners charge below market rent particularly if the property is paid off, tenants are there a long time and rents haven't been raised, or property taxes are lower than what they should be because of property tax caps and go up dramatically when it changes hands.It behooves you to know what the market rents should be, the market value independently of the sellers records.

This means that it acts somewhat like a credit card, as I can pay it off and use it again; the interest rate is quite low. 

. $ 389.62 Total Monthly Cashflow $ 431.01 Cash on Cash Return4.86%Even if you can raise the rents to $1,000, it's only a ~6% CoC return and $130/unit.

Credit Score is about 650 for each of the couple. 90k revolving credit card debt..with utilization > 95%.However rental history is good.

Definitely echo the sentiments that $0 money investing is much more myth and marketing snake oil than being plausible.Closest thing I know to quick easy funding is a 0 fee, 0% credit card balance transfer but not everyone can command 30K plus credit limits and I wouldnt recommend that path unless you are equipped to handle that debt once the promotional APR expires