Department of Education “have forced us to cease” operations.ITT was hit hard Aug. 25 by the education department’s mandate, which was made after ITT fell out of compliance with its accreditor’s standards and “put its students and millions of dollars in taxpayer-funded federal student aid at risk,” the department said.ITT last year received 79 percent of its cash receipts from the federal student loan program.The department also placed several other sanctions on ITT, including a freeze on executive compensation and an order that it increase its surety funds from $94.4 million to $247.3 million within the next 30 days.The company said Tuesday that it “exhausted the exploration of alternatives,” which included transferring the schools to a non-profit or public institution."

You're right, there can be a mentality that if someone else is paying that people won't be as careful.

I am a big believer that with hard work and the right mentality with good intentions, you will all find the success that you are looking for. 

************Facts (this question is more about your mentality, but in case you're curious)Triplex. 70's. 

I've never understood this mentality. 

Also I would suspect Within sfh that if an area close by is popular or up and coming you should see some uptick in demand for your sfh and you shouldn't see the fire sale mentality that you get every so often when one you have a unit in a condo type setting for example that you're trying to get rid of.I think it's a great idea for you that continue to take your time improve your skills and knowledge of Real Estate and then proceed forward once you have a greater level of comfort so kudos to you.

It is an exhaustive list but there to prevent landlords in the state from being slum lords.

Hello BPCultivating a positive mental attitude is essential, imo, to live a life which you are fulfilled mentally, physically, spiritually and financially.

The information you have provided is very empowering and it feels great to know we have not exhausted all of our options.You are correct, this is an investment property. 

The one big storm that hit NJ hard recently was tough with how big the lot is, even with a team of 4 of us shoveling/using the snowblower, it was exhausting!