Ohio landlords can set their own rent amounts and raise them without any government interference.

In NJ there are laws and regulations governing how a landlord must deal with property left behind by tenants.

RESPA Section 8(a) prohibits kickbacks for business referrals related to or part of settlementservices involving federally related mortgage loans. 12 USC § 2607(a); 12 CFR § 1024.14(b).RESPA Section 8(b) prohibits unearned fee arrangements, i.e., splitting charges made orreceived for settlement services, except for services actually performed, in connection withfederally related mortgage loan transactions. 12 USC § 2607(b); 12 CFR § 1024.14(c)."

The tenants want to pay but sometimes money is short and there is nothing wrong with the PM directing tenants to government resources for just such occasions.

Hi @Rahul MunotMy first thought here is there are much more attractive financing options for owner occupied investment properties versus unoccupied and from what I am hearing we may be losing some of these government sponsored owner occupied programs fairly soon. 

You are literally fighting the Federal Reserve Board who is trying to slow down the economy right now.  

The HA representative told me today the the $1,211 is the governments portion and the tenants portion combined. 

The U.S. government dumped $6.4 TRILLION into the money supply.

I would likely file Final federal forms 1065 and 1120-S and close down the entities with the State of Texas.

For properties that you intend on occupying you can expect to pay 3.5-10% for government sponsored loans.