By this point, they will have already thought about what might happen if you leave, including the need to turn over the unit and find a new renter.

He is renting the unit and will carry a bit of debt for a couple years but once he is clear of that he will do very well for himself.Park owners want their empty spaces filled. 

I am leery because it is such a small deal…just 1 small 1 bedroom unit…and not a great a deal unless maybe you are local and have a use for it…walk to community college.  

Hi BP Community,I’m a multifamily investor based in NJ, transitioning from smaller multifamily units to 6+ unit properties.

Three bedroom units can yield up to $1,568 per month through CMHA (Columbus Metropolitan Housing Authority).  

All my properties are true multi-family, More than 5 units per building.

Best part is NJ is not what its made out to be in terms of landlord friendly, the state gets portrayed as the entire state being bad when really most wacky laws are in the major cities and they apply to 5 units or more.  2-4 unit multi families fly below radar per say. 

Investment Info:Small multi-family (2-4 units) buy & hold investment.

Investment Info:Small multi-family (2-4 units) buy & hold investment.

The HOA basically kills it. 180/mo/unit, so you are looking at $21,600/year.