The property taxes are high like all of New Jersey, but what confuses me is the lack of a standard property tax rate.

So I am 100% certain the demand for daycare services is there, but for now I am trying to get my head around the cash flows and how they compare to standard rental property of the same size. 

If we're going to be internally consistent, IMO the playing field has got to be leveled.To do that, you have two choices.If you hard cap everything at 43% (and can no longer sell your home to that FHA buyer utterly maxing themselves out at 56.4% DTI), I can point to some dozens of millions, or hundreds of millions, of American voter homeowners ("homevoters") who will not like the impact this has on their home values, unfortunately.

Our standards for qualifying to rent a unit are simple and fair.

Wholesaling/assigning should not be an option if you have any ethical, moral standards and any regard for the law.

Hey Ronnika, good question. i'll start with the standard i'm not a lawyer remark and tell you if this is legit in your way, call an attorney you trust. anyway, to my understanding it depends on the length of the temporary duty assignment. in my state, maryland, it's enshrined in law that anything over 3 months allows the armed forces member to break agreements, here's an article. https://www.peoples-law.org/breaking-leaseif i can help in any way please let me know!

My experience (which is slim) is that older buildings that don't meet new code standards are often grandfathered in. 

and received the standard property appraiser questionnaire in the mail a month or so after purchase. 

There are different allowances for the FHA 203(k) and the standard 203(k) and the VA 203(k) - some allow appliances, some allow fences, some require a HUD consultant.If you want a recommendation for a lender who handles these loans, let me know.

It does go towards to purchase price but is not refundable like a standard earnest money deposit would be.