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We saw quite a lull in Q1 of this year and were actually able to get some pretty good deals and negotiate offers more than I've see in the last 2 years.

If anyone is in NJ or a similar real estate market, I'd love to hear what criteria you are using to evaluate your deals.

You need to connect with those doing deals there and allow them to guide you All the best  

What made you interested in investing in this type of deal?

I work at a CPA firm servicing SEC clients all day every day and this is a huge area we look at, protecting the consumer/investors from fraud/shady dealings by Management as there are so many ways that they can hide stuff from you. 

I have a client currently dealing with an awful MA with his now former PM company.

If the deal is still worth pursuing even if he doesn't fix it, then close.Get a contractor out there and see what the cost is.

The cost of living is extremely low compared to other cities and you can still many many positive cash flowing and 1% deals here.

There's a variety of ways to get a deal in front of you (I'm mostly a flipper), but basically if it looks promising, I run custom comps queries and check the current & past $/sf of renovated/distressed product in that city or zipcode.Here's a chart on 90066 I generated from my tool under Market Stats > Sales Data > Specific Zip Code:- My above chart (more available) shows the Avg Renovated $/sf (High) over time in this Zip Code, something completely different than charts/providers based on Averages/Medians only, like every other platform (RedFin Below, https://www.redfin.com/news/data-center/):- Can't select smaller locations such as City or Zipcode for their $/sf data, so it's useless helping me underwrite/verify a deal.- Can set Zip Code for Median Sale Price data, but again it's the median/avg so it's useless helping me underwrite/verify a deal.Then if that looks decent, I'll run Sales Comps, and get a quick summary of some key metrics based on those comps.