Local STR laws can change within a relatively short time period, and you want to have a backup plan for if/when those changes take place.All the best!

I don't plan on leveraging my dad at this point since we wont qualify for an fha loan if he is on the contract, so I heard.

I am considering purchasing a large 2 family in the Bergen-Lafayette area of Jersey City with plans to convert into two condos (plans area already in place).  

You should always fly down to the market you are investing in and set strong standards with everyone you plan to work with.

Additionally, once your tenants move into the rental, you will ask them to sign up for their own electricity plan.

That's a significant accomplishment.Deciding whether to put money into stocks or pay off what you owe depends on your financial goals, how okay you are with risks, and the interest you pay on debts.

Any guidance or options to consider to any or all pieces of This is not financial or legal advice.

Financially they are solid!

I'm determined to achieve financial freedom and live the life I always dreamed of.Let's talk numbers, shall we?

Everyone's financial situation is different.