Is it a wise choice to do this development?

To be specific, my steps to fully get into this world so far have been: Buy my first home Sign up to BiggerPockets website Listen to the first 5 podcasts (loving it)Send this messageEvaluate specialized Masters in R.E and meet with alumni and teachers plus attend one class as a guest observerMeet with friends working in the industry (mainly working for big Funds and Developers)Bought the 13 most widely recommended books in R.E.

Nice to meet you Nicole.

I'm true salesman, I understand the power of cold calling, and developing high income skills, investing and build wealth at a young age.

While it’s been nice not having to chase people down who take keys with them it’s also presented new problems.

Hello @Anjlia Holiday nice to meet you.

I'm an agent so I can sell it with just a 2.5% co-op fee to the buyer's agent.Check this out:Obviously I hope to clear more than  $5,200 but these number are conservative and worst case scenario I can rent this place for a nice cash flow if the numbers look bad when I'm done the rehab. 

@Etahn Smith In Bergen County having laundry on the premises is a nice value add and a great selling point, just be sure that the machines stay in good repair and that the ratio of machines to tenants is favorable to avoid tenant disputes. 

Nicely done John!

I will use my garage to store my personal things like paper files with personal information, photo albums, nice cooking pots and such.