For referencehttps://www.federalregister.gov/documents/2017/01/19/2017-01044/federal-housing-administration-strengthening-the-home-equity-conversion-mortgage-program#sectno-reference-206.52And"Home Equity Conversion Mortgages (HECM) are not eligible for the PFS Program. 

Be aware that people can research the DPOR (database of licensed professionals) and see if any complaints or violations have been lodged against a licensed individual.

Is there a administrative action or cost to take the house out of foreclosure or does the borrower take care of that? 

That judgment was entered into the NJ statewide judgment database.

I would be reaching out to insurance placement agencies, traveling nurse platforms, etc and be building relationships with them so you get added into their database and they seek you when they need a placement

Many attorneys offer free consultations, and sitting down with one or two will save you considerable administrative and legal costs down the line.

As long as you live in one of your property’s units, you may qualify for a loan that offers attractive terms and low down payment options.For example, the Federal Housing Administration (FHA) loan allows multifamily properties with up to four units.

The idea of switching to gross leases was brought up because it would be easier to handle administratively and from an accounting standpoint.

(C) Accepting deposits or fees for credit checks or administrative costs and accepting security deposits and rents.

Based on a lack of records, which also probably means minimal database data, which is the real value...Id say its worth maybe 1x earnings.