We are currently under contract on one of the lots.

Quote from @Lisa Albright: Hi All,Newbie here, just a quick question we are building an addition on our second home, we have a primary residence, and two rental properties.

Whether we are related to the landlord from our previous rental, and if so, to specify the relationship.3.

We are just so far in now I am trying to get this across the finish line...

To answer your question, if the home is priced at market rent, we are seeing our rentals lease out in 25 days.

You need to understand that we are only obligated to whats in contract.

You are allowed to charge for ALL damages beyond ordinary wear-and-tear.

@Tatum Littleton, I appreciate your welcome and reassurance that we are choosing a good starting place. 

We are able to get great incentives and the ability to own an investment property that take a very light maintenance budget for the first few years is a huge plus.  

Quote from @Samuel Hudson: Hello friends I am new the market and recently bought a home in Weehawken 6 months backs .Its a three family home and we are currently doing renovations Right now.The rent leveling board told me that two units would have to follow a rent of 1650 for unit 1 which has three bedrooms and another unknown amount for unit 2 which they don’t have the information for .The previous seller I purchased the property from bought it as a tax lien .He has kept the property vacant for two years with no tenants before selling it to me .However ,the previous Owner he bought it from must have had tenants .I am putting in a lot of money into renovations and want some clarity on the situation I am in .The property has been vacant for the two years and currently still is as we are doing renovation .It would be really appreciated if anyone can assist me on what information needs to be provided by from the previous seller for me to be able to set the rent based on the market value .Thank you .