The judge also declined to sever that restriction from the penalty amount, effectively destroying any enforcement of that law other than straight up criminal penalties (no fines). 

Property management would include collecting the rent each month, advertising for a new tenant when you need one, screening tenants (time to meet the applicants, show the property, run criminal history and credit checks), dealing with evictions, and doing the bookkeeping.

The tenant will be charged any costs incurred for the abatement of any damages by unauthorized smoking in the premises.The tenant and any member of tenant's household or any guest shall not engage in any criminal or illegal activity, including but not limited to, illegal drug related activity, gang related activity, or acts of violence on or near the subject premises.Window screens are not necessarily provided (there are few flying insects in a desert).

It's not that they're dangerous or some super savvy criminals, but it's just that when backed into a corner, people without life skills are going to be unstable.

I know there isn't much I can change at this point, I guess I just want to hear don't worry it will be no problem haha I went to school for computer science and was offered a job at Amazon early last year, only for it to be taken back once I informed them I had a criminal record.

But not all audits go against the tax payor.The Criminal Investigation Division has all the neat NCIS and CIS tools available to them.

I have accepted application with past criminal records with success.

@Lana Lee - if you are going to do your own tenant management inside the City of Philadelphia (and I do encourage you to do so), I highly recommend that you join HAPCO; you will receive a manual that goes into some of the quirks that exist within Philadelphia's landlord tenant regulations.And I recommend you also join DIG http://digonline.org/DIG members get discounted rates for screening services (I use TenantReports.com where I get a bundle of credit reports plus nationwide criminal and eviction reports for $25 plus sales tax as a DIG member), plus DIG has some training classes that you might find of value - Don Beck holds a landlord class every year or so and you will learn a lot just from this one day in class with him.

How is criminal activity and tenant quality comparing to nj ny ?

If they sell it, and they are in a 0% tax bracket, there is no tax for them.Potential problems:once you gifted it to them, it is theirs, and they don't have to sell it, and they don't have to give you the $50k profit, eitherif they do give you back the $50k, it has a potential of being busted by the IRS, even though the IRS will probably never know about itbut if they do, you run a risk (pretty small, but still) of a criminal case against you, which is something I personally would never riskthe property becomes subject to claims of your parents' creditors.