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.

@Sean PourYou are very sweet for caring about how people live their life.

Even if you did get it, you want to be very careful as long as the bankruptcy case is proceeding.

And who will be taking care of the animal if she gets arrested away from the residence - the cops don’t know there is an unattended animal at her (your) place...Time is of the essence.Don’t be hard on yourself - you did a background check, which fell short.