Thanks for your response.It is in Takoma Park.The property currently is zoned for residential use.I believe just for the single family home that currently sits on the lot.

There are three things I look at when going into a transaction, and it doesn't matter if it's a commercial property, residential or a business, I look at what is my potential gain, what is my potential loss, what level of risk am I taking in this deal?

(Zoning) Code violations for having a duplex in an area zoned for residential is a deal breaker.

I find this kind of disturbing and I am curious if this corresponds with the current residential housing market recovery???

Yes, wal street should not be allowed to enter the residential market.

I don't know NJ landlord/tenant law and I don't know NJ real estate laws as it relates to representation for residential lease.

StateID=NYKeep in mind, that most references to "mortgage" usually mean residential mortgage, so you'll need to read carefully for exceptions

This would be in residential properties, which would include, for me, apartments/condos, as well as single-family homes and some possible commercial stuff which I would rather do whenever I have the pockets which allow me to stomach such an investment.

My husband has an entrepreneurial background and experience selling residential RE in NJ as well as property management in a small expat community in the Yucatan of Mexico.

Does anyone have a good recommendation for a solid, professional residential property manager in the area?