Conversely, I want to take that money and drop it on a Single-Family Dwelling in New Jersey (where I currently live) and then rent it out. 

Hi everyone,I am new to the USA and looking to invest in property with a long term goal to eventually replace part of my W2 income and also pave the way for my children to get a easier start in life.At the moment I am renting with an intention to buy a single family home this year.In a addition I have other cash - not much - that is sitting in a interest bearing account growing very slowly.

I need help finding a property manager who can help me market and rent each room in the house.

The most obvious is that you will be able to offset your mortgage with renting out a few rooms.

Planning on renting the current residence home to group home in Minnesota as we move into a new home.

Understanding of Investment Strategies: An investor-friendly agent understands various investment strategies, whether it's flipping, buy-and-hold, BRRRR (Buy, Rehab, Rent, Refinance, Repeat), or others.

After repairs I plan to move out possibly owner financing another home and renting out current home.  

I don't want to get stuck trying to rent out the house in winter months (upstate NY and no one wants to move in winter) but also don't want the tenants to have to leave until they are ready.

. ($80k renting for $1200 vs $40k renting for $800 multiplied by the ratio above vs boring consistency of the nicer area) Oh and I have zero excitement for apartments.

What is real estate return when you add on rents?