The average American household spends around 33% of its income on housing.

New Jersey happens to fall in to the #1 or #2 spot for the richest state in the nation over the past several years, using per capital household income as the metric.

In my Commercial mobile home policy that I pay for in my escrow with my mortgage payments it states that it covers against vandalism and malicious damage EXCEPT when done by the tenant, members of tenant's household or tenants employees.

There is nothing you can / need to do as a landlord until / unless your current lessees either request someone else to be added to the lease or accept someone else to their household as a permanent member without adding them to the lease.

Most of them are a 2 person household as well.

I looked into some stats for Willingboro, NJ and here is what I found: Median Household Income: $67,572Median Home Value: $160,000Rent vs.

Anchorage houses are expensive, especially for the median household income which leads to a lot of renters.

You also want the number of households to be growing, your tenant base and future customers.  

My understanding is this: If the OP is a joint filer then one person in the household should not have a W2.

Even with "short sale" and "deed in lieu" being household words now, many borrowers get nowhere when trying to communicate and work something out with their lender to be rid of the property.