If you are interested using the BRRRR strategy and haven't gone through the book already, Id highly recommend listening to on Audible or reading the hardcopy of the book.BRRRR on AmazonBRRRR on Audible (1st and 2nd download w/ audible are free I believe)

In the under-served areas, would you recommend going with a private pay tenant or section 8 and why?

It's great to have you here.Here are some recommendations for you:Find and connect with other BP members that are in your area: http://www.biggerpockets.com/m...Set up keyword alerts to be notified of the topics that interest you: http://www.biggerpockets.com/a...Read Beginner’s Guide: http://www.biggerpockets.com/r...Check out BP Money Podcast: https://www.biggerpockets.com/..Wishing you the best!

I want to begin by saying that I do not recommend just ANYONE doing this, and my story is based in Florida and what we are able to do here....with that said, here's how our deal went down.I was contacted by a seller who wanted to get rid of his house and not deal with Realtors, staging, showings, repairs, etc.  

If you want to get into multi-family investing that's not far from NYC, I recommend checking out Cleveland, Ohio.

This is what I recommend for you to get started in your real estate journey:1.

have more cash Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

I have a couple good recommendations. 

Alternative Investment Suggestions: Are there any alternative investment strategies you would recommend for generating cash flow in New Jersey with the capital I have available?

I found Foremost, who would take new clients with a loss history, but they are not able to insure a condo policy.I also tried working with insurance agents but have not been successful so far.If anyone has a recommendation for a great agent or an insurance company, I would greatly appreciate it.