If you need financial help, ask under the "Finance, Tax, and Legal" forum.

I’m sure you won’t be verbally assaulted about how greedy you are Basically they were gifted $60-$120k tax free. 

As mentioned elsewhere, as much as you're able to do so now, handle all estate matters so you can avoid probate.

As for income verification, I require the applicants two most recent paystubs and if self employed I need their most recent tax return.

A real basic guess is 30 houses each cashflowing $1,000/month.In Metro Detroit, this means $1500+ in rent, with the difference convering taxes, insurance, maintenance and vacancy - NO MORTGAGE!

USDA does not.If you have a job gap (6+ months of unemployment) on an FHA loan, then you have to go back 2 years prior to the job gap AND be back to work for 6 months before you are eligible.How to avoid this? 

Some thoughts to consider:If you sell now, you are unlikely to pay capital gains taxes as your first 250k (500k if married and filling jointly) aren't reported.Doing your first rental remotely is undesirable without 1.)

I have also been doing quite a bit of research on Loan's, tax consequences etc., and am working towards being a expert in this niche.  

NJ has the highest taxes per capita in the country so high taxes are expected especially in Northern NJ.

A community isn't a gimmick, it's an opportunity for the right people to level up quicker than they would on their own and avoid the mistakes others in the community had to learn the hard way.