Without numbers, its very difficult to say whether its a good deal or a bad deal. 

However, this just makes my decisions even harder because I cannot get a good grasp on what my goals should be prior to purchasing.I can see how including many investors into the equation can make it difficult, but what if we simplified the scenario by just using 2 investors, me and a friend.  

That includes any profit from the rents, as well as funneling any income I have available from my day job into debts.I am very motivated to keep rolling and get started on the next one soon, but it's seeming a bit difficult when I look at the facts. 

Let them know what your expectations are. also let them know how you will handle things like rent increases and late charges.

You can also focus on NC, GA, TX, AZ, NV, VA, MO to just name a few other Non-judicial states.Don't be scared of judicial states because often times, values will increase on your assets while you are going through the foreclosure process and you'll be in a better deal by the end.  

hi Chris  Cozzens it will be very difficult to achieve more than the 1% rule in New Jersey with the high taxes ,  unless u invest in the urban areas you mentioned .

I would prefer private lenders but they can be difficult to locate, and so I'm looking at hard money.

Home prices increased the most in Oregon (11.7 percent), Washington (10.3 percent), Colorado (10.2 percent), Florida (10.0 percent) and Nevada (9.6 percent).

LOLI don't know much about market cycles (I need to learn) but I feel that something like RE can't keep increasing in prices at current rates while the rest of the economy is going at a slower pace.

The NOI will increase due to increased rents.