The 2nd property 576 Palisade Ave unit 2, Jersey City NJ 07303 3 br, 2 bath, $362,900 mortgage, tenant occupied, $2860 month.

Curious on if the rates are actually better and if it works well with investment properties in New Jersey, New York, Pennsylvania, etc.

Intel is a great example, who is building the largest chip manufacturing plant in the US right here, and it will be a $20 billion dollar investment that brings a few new thousand jobs.https://www.dispatch.com/story/business/2022/01/21/intel-ohio-building-computer-chip-factories-licking-county-jersey-township/9173472002/ Another example of economic growth is the upcoming Ohio State University Wexner Medical Center Inpatient Hospital which is a 1.9million square foot hospital that will bring over 800 new beds and a thousand new jobs. https://abc6onyourside.com/news/local/new-osu-hospital-expected-to-transform-health-careHere are a few more recent investments https://www.10tv.com/article/money/business/hydrogen-power-company-hyperion-bringing-700-jobs-to-columbus/530-25907aab-5517-4661-a9f3-d2ed2d5be6b0 https://news.wosu.org/news/2022-02-08/rumpke-to-build-50-million-recycling-facility-in-columbus Check out The Complete Guide to the Columbus, Ohio Real Estate Market which goes through the market here is a whole and can guide you to the areas that are most affected by this growth.  

Given my location (Central Jersey) and goals, I feel like Binghamton, NY will be my first location focus and I wanted to start building my team.

For example, I might put in new floors in my basement rental, add a washer dryer in each unit, and install other new cosmetic upgrades, which might get me 200 to 400 bucks more a month in rent (worth it here in jersey city) but my appraisal will probably not be significantly higher if I requested another.Now, if I legally added a bathroom or bedroom, put an addition on a house, converted a garage into livable space, ripped out all the outdated utility infrastructure or other improvement like that (things that inspectors and appraisers work with on their reports) this would definitely add value. but...it all does come down to comps. its a tricky game im still trying to figure out myself as someone prepping to flip/improve a rental for my next deal.Regarding cash flow increases, you could potentially rent out parking spaces or a garage if you have them available.

We’re at the Jersey shore and normally by now we’re 100% booked for the summer season…this year we have 1 week rented.

See link for a description of a typical process: https://patch.com/new-jersey/w... 

Unfortunately I have no knowledge to share yet (longtime North Jersey investor) but I am looking for a NY agent to work with. 

I just received my New Jersey tax lien certificate I won at an online auction, for the 2018 tax year.

The rental market in Jersey City is absolutely on fire even now in November.