Just on the business level for landlords to be as specific as possible with their requirements and give detailed line item dispositions. 

Yes, interestingly in NJ the stove is required for a home (no other appliances are required). 

The first year they get 1960$.basically they get the same profit I get. 

What documents do they require, what credit scores do they allow, how do they verify previous rental history, etc.?

Motivating my team is basically my full time job!

However things change dramatically when buying an investment property, as down payment requirements do not go lower than 20%-25%.

@Ethan Swat have you done the math to calculate the increased booking volume or higher booking rate is required to break-even on the investment?

I am a relatively new landlord and I’m trying to figure out the requirements if we needed to file a judgement against a tenant for excessive damages to our property.

Hi All,As I am reading and listening to podcasts and soaking in info for my first rookie deal, I have been learning the basics on the 1031 transfer concept that can come into play down the road.The question that occurred to me (apologies if it is obvious) is about state lines. 

Both conversations are going to provide you with a better understanding of the need and requirements prior to getting too far down the road with negotiating a purchase agreement with a property owner.