Good day Bigger Pockets Fam,Has anyone here ever done a For Sale By Owner transaction, and if so, I wanted to hear about your experience and how easy/complicated it was to close that deal without using an agent.

I reside in a good school district in a peaceful neighborhood.

Any good deal in those areas

Property managers for STRs are typically 25% of your income, you can set it up to be fairly passive if you find a good cleaner and set up your systems.

Apart from Nashville and Murfreesboro - what are the other good markets?

The good news is that your maintenance/renovation experience is going to help you throughout your career. 

Also it's a good time to look around to see if the tenants have a bunch of stuff plugged into an extension cord somewhere in the house - new service, old wiring, and multiple devices on an extension cord pulling juice from knob and tube wiring is no bueno.Do not call your insurance company about the repair!

You will end up losing the deal.You need about six months of networking and active deal flow to create a potential buyer's list and email distribution.However, if the deal is really good (very unlikely in New Jersey), it is true that you can find a buyer.

Thank you @Lindsey Mannix   I appreciate your response-good info.Can you clarify what you mean by "everything must be done through that LLC"?

There's a very good chance the issue(s) you face have already been discussed and answered.Ask questions in the appropriate forum.