Thank you  Assuming you took sold comps within 1-2 miles, 0-6 months (depending on how hot your market is) of the subject properties.

This is THE ONLY data that is not subjective and can be used as a credible basis for anything.

I’m negotiating a potential sub to deal in Jersey City.  Curious to see if anyone has done it in NJ and would be kind enough to share their experience and resources. Any advice is greatly appreciated. 

Or what type of financing I should do. 203k or subject to?

As a result, they would likely be subjected to double taxation.

The title lady indicated it's a serious matter and she's subject of informing new buyers about the HOA and requested I drop of payment and made mentioned - the HOA is threatening to place a lien on the joke with new buyers .

(I am assuming 20%/25% down and a traditional 30 year mortgage at investor rates.)We are at such a low point in inventory that anything - turn key or run down - that is priced anywhere close to value frequently gets bid up above value.Could you find an off market deal where a seller is desperate to sell? 

So quick back story... purchased some properties "subject-to" about 20 years after going though Carlton Sheets course =) Haven't really invested in real estate since then outside of 2 rental properties I currently own as well as my own home with about $500k in equity.

@Zoran Domazet & @Will Barnard - not an expert, but being in Florida (where sink holes are frequent) and seeing "polyurethane to fill a void" (polyurethane being an expanding foam with little load bearing capability) makes me thing that we are not taking about a small crack in the floors/walls due to foundation settling, but something more vicious.

Here are some things to consider:Decide which kind of investor you want to be (SFR, Commercial, Land, Tax Liens, Passive, HML, Multi-Family, Notes, Fix & Flip, Buy & Hold, "Subject To", apartments, duplexes, assisted living, REOs, Foreclosures, Short Sales), etc.