Debt is not taxable income, so there should be no taxes due.I'm no lender, but you will need an asset-based loan like DSCR (debt service coverage ratio). 

We are talking about a graduation class of 400-600 service members every week needing STR's close to the area. 

They suggested adding an external cleanout for about $8,000, and we agreed to split the cost by adjusting the home’s price.However, after installing the cleanout, we discovered that the actual problem was far more severe.

They CAN foreclose if you stop making payments, It Costs a little more ($1500) to do a Wrap because a mortgage has to be created You become the owner in either situation In a Subject To you send the payment to the lender (servicer) In a Wrap, you send the payment to the lender (servicer) AND you send a payment to the seller.

Is there a website or service that helps create a welcome book to have rental information, instructions, etc?

In the last few years, income inequality has actually decreased.

I would say that many students have found this program to be worthwhile, but you're looking at one that actually guarantees a deal within one year?

I know so many investors that have "x doors" that will always be a number greater than I am actually looking to achieve.

The only consideration may be that you’ll still need a registered agent for service of process in NJ.

DSCR loans are based off of down payment, credit score and either actual or market rents so it helps to supercharge an investor's real estate goals and net worth.