On my leases, I have wording that says something to the effect, “if this lease expires, tenant may stay on a month to month basis but still subject to the terms of the lease until such time a new lease is signed.”

Subject property and 4 other properties are owned free and clear.

I find my dreams to be challenged as mediocre frequently.

Many of the landlords in Worcester go for Section 8 rents as they are more stable, but then you are subject to inspectors determining if your house qualifies for their programs. 

Investing in northern NJ is, in my opinion, great, but definitely requires city-by-city and, frequently, block-by-block knowledge of these areas to fully understand the area.Best of luck!

HUDs guidance on the subject is crystal clear, and is found in HUD guidance memo FHEO-2013-01.

We have a military installation that have frequent family visitors and transitioning families.

Hi Tom,I was recommended to Dyches' seminar on this subject on August 17th and 18th by a main member of the LAREIA.

Hi, @Jason Kozlowski, it's really as much a subjective art as anything else.

Just nice to grasp the basic idea and understand a seemingly complicated subject and process.