'Good price' is a relative term naturally.

In NJ multi's have 5 yr State inspections so it's natural that we get hit with compliance first.

Naturally, the agent is going to make deals look a little better than they really are because they want you to buy.

Though the time was a huge investment you feel the interaction with top talent allowed you to develop and become financially secure.If this is the case, it is a win-win situation.

They will look at flipping during the previous 12 months, which by the nature of it being a recent foreclosure is an unlikely scenario but one you do want to check by asking your Title Company for a Chain of Title early in the process.

The price quoted seems OK to me; since I usually end up with natural gas-fired heat rather than the electric systems you seem to be getting you might have to adjust a bit for different energy source.I'm surprised that you are being told "no permits needed" for this.

Stick around and interact, you'll get some great connections because of it.

I for one am a keyboard nazi and will without hesitation publicly kick you in the shins for all of BP to see if you try to be a DB and I know I'm not the only one :wink: That doesn't mean people can't discuss things, ask questions and interact/participate.

Lots to know, and it would be impossible to answer your question well here because it is very general in nature.

Development by its nature is a few years behind the current times.