Best to call city hall for the town you are buying in to see what if any rent control rules are in place. see link below if you require additional information and call the Jersey City Landlord Tenant relations office. https://www.jerseycitynj.gov/cityhall/HousingAndDevelopment/...Jersey City CPI chart on recommended rent increases: https://cdnsm5-hosted.civiclive.com/UserFiles/Servers/Server...The state with the highest eviction rate in the country right now is South Carolina. 

@Steven Hamilton II I want to mention that My husband and I both reside in California, and I manage the property remotely from California via Zoom calls, and also physically visits the property.

I cold call and go direct to the seller and I have a 3 person team that pretty much just calls all day long for me.

That being said, they will likely not go after you and call the loan, but they very well could.

Whenever I’ve had questions, even when they aren’t profiting they’ve answered my calls.

Once you know what your monthly costs look like, you can make a sharper call if a sweet off-market deal pops up.

The "non conforming" lending options are actually called NonQM (non qualified mortgages).

@Jordan Kaylor   In that case, you would be using what is called "delayed financing" which just means you will be financing the property after you already own it (as long as it done before 6 months after closing) and if there is not current financing on the property.

Call Rhett Tullis at Integrity. 

His zoom calls are basically him talking to his buddies and he is very rude when you pose a question.