I am interested in knowing, if you can share your strategy highlights regarding the fact that your properties are all doing well with respect to appreciation rather than cash flow, and I completely agree that travel would be required to pursue cash flow.

I honestly don’t know if that’s enough for NJ, boing local for first deal sounds amazing, then maybe looking out of state later. 

@Brian Hunsaker sure a paid off property netting you ~$10k annually, or ~$15k before depreciation, sounds fine.The potentially "silly" way to reduce your taxes is to leverage out your properties. 

Maybe not completely ugly as some but the forums just aren´t the same.

Can I rent it out completely or are there occupancy requirements? 

It is not as easy as they make it sound online.

just asking to try to help, because (1) BRRRR is very tough right now, and (2) it sounds like you're going for 100% financing, which just makes it more expensive.

Once completed, it would create a nice little quote for you to print as your new Projected Cost of Renovations. 

Will you be doing the renovations yourselves, or have a contractor complete the work for you?

However, I've noticed that most of these rentals are completely vacant and show no bookings in the months ahead.