When house hacking a 4-plex, you really should be looking to be living for "free" (at least).I suspect you put less work/negotiating into the deal than ideal, because of your EASE of funding.

If you can get the tenant to agree to give notice to move out, ideally in writing, you will not have to worry about the following difficulties as per NJ law.

The seller currently has a mortgage that is assumable (subject to approval from the lender), but the terms are far from ideal and I suspect she has run into problems refinancing. 

It's the one property management company that I deal with that's very responsive.

@David Krulac sounds like the ideal situation ! 

@Arturo Limon , I'm new to SD and looking for deals to buy, ideally a 2-4 unit I can renovate.  

Ideally, I'd love to flip or cash out refinance if I could find a partner with the capital.

This would be ideal in giving you the time to renovate and resell home. 

Ideally I would like wholesale pricing on American made cabinets.

Assuming a scale for A being Best and D being the worst neighborhoodsBuy cash flow properties in ideally B, B- To C+, C areas with good economics jobs etc.So if someone says they need $ 8000 in cash flow per monthWe would build the model as follows.