24 years of my rentals plus 45 years of family rentals have zero evictions. 

Most motels in the area are $45-70/night.

I am 45 years old and only own one place.

Of course, with 45 years of property ownership under my belt, I’ve had tenants from hell.  

Should we begin the LOI phases before the 45 day selection period begins or wait until the 45 days starts to send out LOI's? 

. § 45:15-4. 

Yeah - I file a landlord-tenant complaint, sue them and win, and get them out within 45 days.

@Stepan Fedetskiy section 8 can be good option if you have a good PM who maintains the property in good shape all the time as per the needed standards. best part is govt pays a portion of the rents so you dont have to chase tenants, downside the upkeep of the unit will eat up appx 20%. so its little tricky..sounds good on paper but when you go through one you will get an idea. i had 4-5 section 8's , 3 of them had no issues, but 1 of them had lot of issues and ate up all the profits.  

I'm a private money lender in 45 states and wholesale Turnkey properties in Alabama.Are you planning to buy another investment property? 

Hello @Sam Liu,We've completed over eighty 1031 exchanges and know well the scramble that can occur during the 45-day identification period.