There are so many options to choose from but I would advise you to is to Fix and Flip in a trio with Buy and Hold and 'house hacking". 

I would be a fool to pass any of these homes up if I don't have to. I

I have analyzed a number of renovations and what it typically comes down to is the price/sf is not much different than new construction price per sf.

I buy all over Newark, JC, Orange, and the areas you are referring to. I

He is a great leader and skilled tradesman.I have my ND real estate license, but have been inactive while we decide where we will be relocating to.  I

Having a p.m. that you pawn off coordination of repairs, inspections, leasing laws, etc to is invaluable.  

Account Closed  I love the ADU play in portalnd and even more so because federal law allows you to pick and choose who you can rent to.   I

I have legally 4 -- 1 br units,, I advertise large studio perfect for one person,, I don't want to rent to 2 people,, I don't have to, I limit my apartments to only 1 person and if they want a roommate,, guess what they have to move..

I think Allocated Utility Service would be my go to. I

I'll do that to I reach my own limit of 10 loans and the last property I use BRRRR strategy on, I'll  refinance that one of course.