If relations between the countries get worse, more investors may choose to stay away from investing in the US.What happened during the last recession in 2008?

One of the major fringe benefits in California is Prop 13.

Because this product, as long as you secure long term debt, will give you steady cash flow, appreciate, and provide a ton of great tax-saving benefits.  

Thanks to all who contributed to the discussion.Here is the situation, the lease does not ban smoking in the apartment, it only states that tenants are responsible for cleaning and repair smoke related damages when moving out, and if other tenants complain, land lord may enforce non smoking policy.

I suggest find a job, start saving money.Preferably find a job that relates to your major and area(s) of interest.You're 18, so you are starting early.

He sent a relative to the house to try to make contact with the tenants after a cease and desist letter was sent to him from my attorney. 

Not a great cap rate, or cash on cash return.Depends on your goals, though - plenty of people out there are happy to park cash at a 5% return in a relatively safe property if it's turnkey.

I'm relatively new and am interested in accumulating rental properties in Central NJ.   

This year has been relatively "quite" and I'm enjoying it. 

As it relates to rental properties..