I have sat in his office when the phone rang and it was one of the investors wanting to invest $100,000 or more.

You CAN transfer title with back taxes owed by using a Quit Claim Deed.I have purchased several houses from banks that had taxes due (also water bills and other fees) and the bank gave me a quit claim deed.

I would think utilities and water alone could easily amount to $1,000 in 6 mths, and taxes are generally high in NJ, correct?

I have been in the real estate world for 13 years ranging from commercial leasing, development and residential to property management and currently getting my broker's license.

What makes my mouth water is I have run comps and I am seeing that even on the low end ($120 per sq. ft) this place is comping out at $250k very conservatively!

I am wanting to buy a 4plex and live in one unit.The dilemma I am having is the price, they range from 360k to 500k, and rent is $1,100 to $1,400.

There was also food (hot dogs, water, cookies, and popcorn) and various booths of information.I spoke to a community advocate about the neighborhood I just bought a duplex in as well as one of the beat cops that walk the area.

Water based finishes dry much faster, and might be an option if speed is important.

$1000 to install a new water heater??

I didn't add any water to it-- maybe I should have?