I brought in an experienced investor to JV this deal because it needed an extensive rehab and expansion.

Tenant screening is also very important so I would encourage you to make sure the PM you select does a very thorough screening process.

Now this latest extension is basically to get time to get the rent laws in.

I have been through the underwriting process extensively and I am an accountant, so I can give you some guidance once I know the legal structure of your business.

Some financial planners charge for selecting and managing your investments.

Unfortunately my house sold and I have to be out by 4/29 with a possible month extension.  

There's so many variables, but picking the right market and selecting a marketing approach that is effective for that particular market and that you can execute on consistently is the key to success. 

You can evaluate that at selection time.

Ankur,I loved living in Livingston, NJ as a kid.Guessing with a new baby you have time on your side and that allows you to get educated, build a team and be selective. 

I know all clients that come to us at this point are getting an extension, and I imagine that is the case with all of the awesome tax pros on BP.