But if they are happy with 5% then it can still be competitive for you to give them that and pay the withholding taxes because most local hard money lenders will charge much more than 7%.

I also talk to a local rental management company tomorrow to see what their projected rent would be for the property.

Next, I would go to a local meetup and see if you can connect with other MTR operators for more information.

I am from North NJ so very expensive locally and not sure what type of investment to get into out of all the options.

We are local here in Pittsburgh and very familiar with the Lawrenceville market.   

To tackle this, start by gathering data on average rents for similar SFHs in your area through local listings or realtor consultations.

However, I don't wish to pay a ton of fees - just to have MLS access last year I had to to pay CAR+NAR+Local Association+ MLS fees.

I have a few people around me that already to this locally but I welcome any and all help I can get. 

For SEO benefits, make sure to call out the top local attractions on your site and all your OTA listings by name.

We then set you up with a team on the ground (consisting of an agent, project manager, general contractor, and property manager) who you will leverage to verify or change our initial numbers as needed; they have hyper-local and real-time knowledge that is invaluable to reducing your required input time and reducing your risk.