If you ever want to talk about it more, feel free to message me, I live right in Toms River.

If I am doing a buy and hold and never ever want to sell "unless its beyond a good deal" why would I want to refi?

If your property ever has a maintenance issue you can rest assured he will get it repaired at cost.Give him a call and interview him tell him angelou told you to call.

In some cases, cities will allow reduced payment(s), rather than having land sit vacant that no one will ever pay on.

There are certainly some obvious concerns, but I don't want to overlook the opportunity just because I have some preconceived notions of the headaches that may or may not ever materialize.I'm planning to do more research on the particular bar both on social media and in public records.

But hey, no one can ever say I didn't try!  

But hey, no one can ever say I didn't try!

I doubt I will ever accept payment any other way. 

How long have the tenants occupied, what they pay for rent, do they have any deposits, are pets allowed (or have they ever been allowed), who handles lawn care, what does the owner pay for utilities, have there been any lease violations or noise complaints, do the tenants pay on time...Those are some examples.

It has all of the instructions you need.You may only do this if:They are not currently in a term lease (ie, they are month-to-month, not under a lease that has yet to expire)You give 60 days noticeYou pay them 1 months rentYou actually intend to occupy the unitYou do NOT rent it out again for at least 12 months, even if your situation changes and you move out again.You can find the form here:http://www.sjto.gov.on.ca/documents/ltb/Notices%20...I also highly recommend you read the actual rules about it here:https://www.ontario.ca/laws/statute/06r17#BK65In fact, read that whole document if you're ever going to run a rental property.