of NJ is based on local zoning laws.

I'm based in northern VA but was considering buy and holds in Reading, PA, particularly the 19604 zip code.  

A friend of mine recommended I reach out on Bigger Pockets, and sure enough you guys added clarity.I think I must have come across with shady intentions based on the feedback, but I absolutely was not.

You set the sales price based on the value today or what is owed.

You should approach them differently based on the lead type & objection..

Based in Savannah.

Also, they base their comps on zip code.

Being based out of LA is making a lot of searching, really not fit into the 2% rule. 

However, based off your question, I am assuming you are looking for residential mortgage.  

These numbers are approximately and based on financial institutions that I contacted and gave me quotes. 1. 220k x 3.5%= $7700 downtenants pay: 1200 x 3= 3600 mortgage: 1387 (tax, PMI, etc included)water: 170cap x: 200 (appliance depreciations, repairs, etc)loan: 176 (10k loan; my personal loan obligation) PROFIT: 1,667 mon. (20,004 yr) **I could save 6 mons from the profits and pay off the 10,560 from the personal loan.Property 2; I would write and notarize a contract up between me and a relative or close friend that will state that if they apply and qualify for a 30k loan which their monthly payments will be 528, I will pay them 10k over 12 months (834 per. mon).