In this manual (which I assume could be modified to provide to tenants) I include all the financing information (which you would not include for tenants) bank accounts, mortgage accounts, payment information, and mortgage payoff), a list of the contractors, what each contractor does, a list of upcoming planned or necessary repairs, and a copy of all leases associated with the property.

Have about 50k I would invest (access to more), with excellent credit and good income too, from my full time job.

If you said, "car", you're right.In most states a car can be repossessed faster than a tenant can be evicted - and the tenants know this!

Also if any NJ agents that are familiar with using these and transitioning out of them can reach out for some advice and education that would be great seeing that I will need an investor Friendly agent over here to help guide me through everything.

This is causing a huge influx of people moving here for jobs.

This is exactly the type of answer I was hoping for.  

I think this arrangement is better than nothing or me taking her to court to only get the land back. 

This post does not create a CPA-Client relationship.

This is a revision of my old post on this timely topic.

Hey @Alec Dressler, so this is something I would probably avoid.