This is the simple playbook that tons of Americans have used to build wealth over the last 2 decades:1.

-Have enough room in the back of the lot to add a new duplex (zoned appropriately, etc).

The first hurdle was convincing them to leave via cash for keys.

I conceptually understand the process however it seems like a lot of legwork.

I used to dread the thought of managing my rental properties.

However, it would be cash flow negative if I were able to assume the mortgage or buy it with 20% down at the market price. 

I’m not very familiar with the local market and would love any insights on promising neighborhoods for living and investing.I successfully acquired both of my current properties off-market without the help of realtors, but I'm feeling a bit stuck on how to navigate the Ocean County market.

I'd like to at least get something in escrow before the Spring.

How can I proceed with the eviction on these grounds?

Most likely with the Fed cutting rates, at least historically, the rate cut has led to a recession which usually leads to lower interest rates in an effort to jump start the economy.