The media, courts, tenants, family and friends, feel we are just money hungry people who care nothing about our tenants but only the money.

If my little money pit goes to $650,000, I don't care we will sell in two years, before this entire thing implodes.$300,000 tax free would be way too good to resist then.  

And also they want u to have more skin in the game since it’s not your personal residence.

You have to be careful because most of the time the deposit will not be refundable and most if not all of the properties you have to bid on site unseen.

You may want to be careful if that doesn't settle down in terms of the volcanic activity.

Owner pays for water and sewer, plus lawn/snow care. 

But if I was a new investor, I would be very careful, do you own numbers, and honestly, I would stick with my own financing and contractors.

Obviously banks require you to have some skin in the game but ideally maximum returns will be achieved with as close to 100% financing as possible.A income property that can not produce positive cash flow with 100% financing will always require that the investor buy their cash flow with their own money.

More units means more potential for cashflow...Just be careful on taxes - quite a few cities in Bergen and Hudson counties are reassessing taxes soon (generally this would mean they are raising taxes). 

No skin in the game.