I am very interested in utilizing real estate as a means to grow both personally and professionally.

Adding even more points and costs for extensions makes the loan cost even more.That alone was enough to keep me away but maybe it could have been just the rep.

My utilities also averaged <$100 per month over the same time since I face the cold trade winds side.

I have extensive sales and negotiating skills, a big sphere of influence and a very strong work ethic.

My realtor got an extension for an additional 5 days.I've had serious problems getting contractors to see the place and give me quotes on short notice.  

You could consider going to the neighboring parcel (assuming the new house is built on it) and selling either the lien so they can foreclose on it or the tax deed, if you foreclose.They may want a bigger yard.I've also seen where those small "useless" lots were actually necessary for utilities, easements, etc and the builder/HOA won't want to see those lost.Jeff Tax Title Services, Inc - The Quiet Title Alternative

I'd get verification of the income they do have; they still need money to live and eat, and may have to pay for part of the rent and utilities.  

From there we get Economic Concepts, Demand, Utility, Scarcity and Transferability Then we have Legal Concepts of real property.

It looks like there won't be much need of repair -- I estimate $5000 at most.All the utilities are split out for the 3 units, except for water, which is $200/quarter.If I estimate 10% Vacancy, 10% repairs and maintenance, 5% capital expenditures, and 10% property management fees (I will mange it myself), I get NOI $11,362, cashflow -$212, CoC return of -3%I believe it's in a good location/neighborhood, one that I wouldn't mind living in, and it's close to Newark Airport.I would really appreciate your thoughts.

@Anthony @Anthony NewboldYou agent is incorrect if you are talking about an inspection with the utilities on.