She posted payment prior to the 1st.

@Varinder KumarHere is the math as I see it, just wanted to make sure I could summarize what your post says:Purchase Price $406kDown Payment @5% =$21kOriginal Mortgage $385kRehab $105kAll-in purchase price + rehab =406k + 105k =$511kAll-in Cash= 21k + 105k = $126kCurrent value = $525k to $550kCurrent mortgage = $372kNot clear if you have lived in the property prior to renting it out.

I am not sure how high the monthly utility is going to be for the tenant since there are no prior payment records available.

I have gone to the town building department to see if there is any record of a tank installation, removal or decommission (none), and have reviewed NJDEP data to see if there has been prior remediation on the property (none).  

Our goal is to acquire buy-and-hold rentals, SFH for now but I dream of a small apartment complex purchase down the road.Currently employed full-time-plus as a veterinarian, I absolutely love my career, but aspire to cut my hours back to part-time.

"First month's prorated rent of $___________ is due prior to move in.

I have so many people asking if I take low credit, no job history, prior evictions, 10 dogs, hookah hangouts, etc. sorry, nope all full.

Indeed, home prices are within about 10% of the highs prior to the great recession.

You are actually permitted to close on the purchase of your Replacement Property prior to listing, marketing and selling/closing on your Relinquished Property.

@David Jiang,You need to give your own notice of non-renewal, Don't think for 1 minute that the prior owners notice would even hold water,, he shouldn't have given notice, plain and simple.Get it done ASAP, full either 30/60 notice per your lease arrangement, call her case worker at sec 8 and ask for copy of lease, if she or they can't provide it then she's on 30 day,, month to month and notice needs to be written, post at door, and put copy in mail and notify sec 8, given prior to the last day of the month, I usually always give a non-renewal around the 15th.