Actually there are numerous e-myth books for different types of businesses and professions.

There is a lot to unpack and I would highly suggest doing some research on the different types of options you have. 

There were numerous changes in Dodd-Frank which govern these and if they are not drafted correctly could end up unenforceable. 

After numerous hours of reading and listening to podcast after podcast I am pulling the trigger on my first rental property. 

There's not a whole lot to it. 

With numerous programs in place and three stimulus checks out to most people and huge amounts of extended and expanded unemployment being paid, it will be the rare tenant who was so poverty stricken they could not afford $100 for a partial rent payment on occasion even once over the past 12 months.However, if your local state, town, or judges are putting restrictions in place beyond the CDC moratorium, then that may not work, obviously.Bottom line: Get educated, act firmly, and stay in control!

Just my two cents.In regards, to your desired market -- I think Bayonne is very attractive for numerous reasons.

There can definitely be a lot to learn. 

There is a lot to do when moving in and he may just assume if you don’t hear back he understands.  

Most agree that this type of entity structure is quite beneficial if planning to own numerous properties.