I'm a public adjuster (not in NY though).

I am going to adjust my payment schedule to the hot tub company to just be a flat $100/turn (rather than $50/$150) to accommodate complete drain and refills.

Check whether there’s an overabundance of similar rentals or if newer, more modern buildings are attracting tenants away from older stock.You're on the right track by doing detailed research, but don’t let longer days on market automatically steer you away from a zipcode.

Lastly, try to regularly assess and adjust your goals as your financial situation and priorities evolve, which will help keep things balanced and flexible.Keep learning and growing!

For instance I had a special case where I billed the tenant an extra expense monthly on top of the automated rent collection, so I add it as an expense and it would automatically email them and notify me when it was late of course.

Smart sellers will eventually offer better comp because they know they will get more showings since buyers can note on the buyer agency agreement that they don't want to see homes that don't offer compensation for their agent.Take the ruling as a time to adjust your business model to less spray and pray (work with anyone) and more tailored clientele with a concierge feel.

As we are selective and say yes or no and can adjust terms up and down. 

You have to preface first-time investor in NJ with how much money you have to invest because that will adjust your options drastically.

2) Should I have a home inspector take a look at the home to see everything in the home that may have been affected that an adjuster may overlook, or that I may not report because I don't see it?

When I evaluate the options, house hacking consistently offers the highest risk-adjusted return, 10 times out of 10.That said, it seems like house hacking might not align with the lifestyle you envision: “I can’t afford a place with enough bedrooms in a single unit in the areas I want to live.”