This is usually split using square feet so the unit with more square fee pays a larger portion of the bill.

It is assumed by the state that any rental larger than a 1 bedroom will fall into this category at some point because of the anti-discrimination laws that prevent landlords from refusing a family because they have a child.

That being said some larger markets still have strong growth like San Francisco, Toronto, etc but even those may have specific pockets within them that perform differently. 

Plus you get a much larger tenant pool this way. 

In roughly two years, I'm looking to buy larger home, perhaps a bit more towards central jersey, and instead of selling my condo, I'd like to rent it out(my first rental!).

Almost anything will be appreciated- from “yappy hour” for your dog loving tenants to show off their pups and give them snacks, to a taco bar dinner night.

You should also consider administration and the amount of time you’re willing to spend.The larger lending lawyers want to talk everyone into mortgage funds or REITS.

If it's larger or complex, get a GC to manage the process as it's on them to make sure people show up to work. 

It is assumed by the state that any rental larger than a 1 bedroom will fall into this category at some point because of the anti-discrimination laws that prevent landlords from refusing a family because they have a child.

I got to thinking that this could potentially be a decent way for someone like myself with limited funding to build more savings to invest into larger projects and really get the ball rolling.