If you go with a custom tile pan and walls, you will need to make sure your floors can support the weight.  

We have a rapidly expanding economy and a well-educated workforce.

In these cases, the buyers usually responded with rapid and frantic backpedaling to try to salvage the deal. 

A savvy bookkeeper and CPA are worth their weight in gold.

Cardio 3x per week, Heavy weights 2x per week2) Manage diet and stick to it.3) supplementation (daily vitamin, turmeric, D-aspartic, etc)4) Schedule tasks that give a good sense of accomplishment5) Take time to be grateful for opportunities and lessons learned

As such, people looking to buy homes are faced with the choice of a 2-bedroom condo in Hoboken or Downtown JC versus a more spacious 2-family in a rapidly developing area like Journal Square at the same $550k price point, and, many would claim there's more room for appreciation in that 2-family home than the condo.In my opinion, this is the dynamic driving the hype around Journal Square.

Long term cash flow and long term appreciation I agree with is doable; short term controlled/forced appreciation via value add as a good strategy in any market I also agree with; but sorry, not bloody likely with short term "naturally aspirated" cash flow and long term appreciation both; those two are like opposite ends of a teetter totter, as one side goes up, the other side goes down.Properties that are bought turnkey at retail with high cash flow day one are inexpensive properties, and they are inexpensive for the very reason that they don't appreciate much ... it is possible to make money playing that game, but let us not delude ourselves that you can go out on the MLS and easily find a turnkey property that with no value add has high day one cash flow and will magically reverse its long term trend and start to appreciate rapidly for the next few decades starting the day after you close escrow. 

Not to say that products such as interest only had not previously existed but rather the share of those products in the market started to grow rapidly.

Now, if you've got tenants in there, they're not going to be too happy about it either and will almost certainly call the building inspector if they don't see someone on top of that problem ASAP, so its not the time to start shopping around for a smart fix that will save big money, you may end up simply having to pay for a new furnace or pay the highway robbery type price that the one HVAC guy in town who's even got time to show up charges to fix it.Times like that are when, if operating on a tight budget, I'd say that extra flexibility of the 30 year note is worth its weight in gold, or else your properties will begin popping up at the sheriff's auction as many already have!

Fast forward to now, I see rents rising rapidly and extremely low vacancy.