With a househack, you could possibly get low 6's with a buydown or a sweetheart deal, but I wouldn't plan on it.

Quote from @Trevor Powers: Network, read/listen to books, and don't be too hesitant on pulling the trigger on something you believe is a good deal.

Pros: More likely to get rent paid, in some areas in makes it easier to lease Cons: Tenants are more often difficult (although there are plenty of good Section 8 tenants), the inspections can be annoying and (oftentimes) the bureaucracy can be really arduous to deal with.

Depending on the deal's profitability, some will only require you to bring 10% + closing costs to the closing table.

Quote from @John Mason: https://www.facebook.com/groups/26817574435/@John Mason are these deals on these groups legit from your experience? 

An investor friendly agent can do all sorts of helpful things, like setting you up with a search for properties or connecting you with folks who have recently done deals like the ones you want to do. 6) Consider analyzing a deal or two in your local market, just for practice, with a free use of our Rental Property Calculator (or other calculators).

And, to this day after all those deals things come up where I have to go to the property.

However, I’m really struggling with finding deals that cash flow.

To reiterate, Effective [Date], the monthly rent for your unit will be increased from [Old Rent] to [New Rent].To make this easier, we will throw in free high-speed internet as part of the deal moving forward.If you have any questions or concerns regarding this change, please do not hesitate to contact me at [Your Phone Number] or [Your Email Address].

For areas that I’m looking at, I’ve come to understand that NJ has quite high property taxes, which can be very dependent on average housing prices, school districts, etc.