There is also a hospital, large grocery chain warehouse, only school system in the county so there are people with money who would be willing to pay a premium price for a nice place to live.

Parking is also at a premium, so if you can pick up something with adequate parking that will be of value also.

For houses, my area has a freakishly consistent assessed value, so I quickly look it up and know if it plus normal premium warrants additional consideration. 

Eg, E&O premium, any franchise fee, mls fees (if you need to join multiple MLS for your area since NJ as about 12), any desk fees, any other fees, etc. you may not know all the categories, but they are usually pretty up front of you ask them.

Immediately  realized that Overpaying for the property... there was a buyer premium extra +$ 13000 couldn’t see on the phone screen when placed the bid.

*don’t know for to edit my post but left out some things.I want to do it as a primary so I can use the perks(smaller down payment, lower rates etc)

Jason, I wouldn't use the CPA to do the bookkeeping services because they will charge a premium for it.

Typically speaking, buying a new build means you are paying a premium for the property.

For toilets, don't overpay for premium brands!

Hello,
First post here, but regularly scroll through BP for it's great real estate advice! 
I bought a 1.4M, 7 unit property in Revere, MA 4 years ago, and used FHA Multifamily loan 25 year term, 30 year amort, 25% ...