I plan to live in the unit for a couple years before moving out and buying another property.

Resurrecting this thread, what do the terms usually look like on an All-in-one is it usually just a 10 year draw?

If not you can have more than 1 person per room and more than 1 car per room. 

Based on no information other than "on a budget" and "as close as possible to NYC", I would check out Belleville, Nutley, Clifton, Union County (Rahway/Linden/Elizabeth/Union), Carteret, and Perth Amboy.

In locations where you can join the MLS without joining the board, the pricr is usually increased, and not surprisingly the increase cost is roughly the cost of joining the board.

Hi, what Kevin is saying about compensation is 100% correct, but may be slightly different here if you request for discounted rent rather than receiving cash compensation directly.

Your market for say 25 wide by 50 foot deep will be different than a 50 x 150 building.

We're closing in a couple weeks on a 5-room motel in the Tahoe area that also has a 4 bed / 2.5 bath / 3000 sqft SFR "manager's unit" that will be our primary residence. 

Great area for higher rents and cash flow on a 2-3 units closer to the hospital and 66th street. 

I don't know how much they cost, but I can tell you whatever it costs, I have more than paid for a years worth of training through my learning experiences.Looks like your already an investor, so the following comment might not be for you.Growing Wealth takes three things:a.