That should be more than enough for his household of ONE.Security Deposit: $2475 (1.5 x rent, the max allowed in NJ)Good government job with opportunity for advancement.

Lease dynamics - MTM vs. long-term lease - are governed by the market more than anything else. 

lol Not to mention probably even more loops to jump through conforming to government criteria.

However, it is on the grass between the curb and sidewalk which i believe is technically government property.  

Putting that much cash in the bank will (rightfully) trigger reporting to the Federal Government.

The most common difference is that the state will impose some tax or fee on pass-through entities where the federal government does not.Many business organizations are required to have the same fiscal year as their owner(s) have or to basically have a deposit with the IRS to compensate for timing differences.https://www.irs.gov/businesses/small-businesses-se...https://www.sba.gov/business-guide/launch/choose-b...

Our government has a system of giving citizens land through a system of applications.

The money spent on the rental "could potentially" be deductible or capitalized depending on the improvement.I don't understand how the government knows what you use the money for.

(There are government backed renovation loan programs like 203k but that's unlikely to be feasible in a wholesale or other competitive bidding situation).

FHA is a government subsidized loan, so its not just the bank that is mandating you, its the US government as well.