What is common practice?

No entry basement conversion complaint .CN196029Post name, address, and telephone of owner, owner's agent for managing, controlling or collecting rents, and any other person managing or controlling building conspicuously where accessible or visible to public way. (13-12-030)Building - No owner's I.D. sign posted .

The Ptax is for calculating the collection of transfer taxes and tells the county who the new taxpayer of record will be going forward.

Below are some more best practices for out of state investors.

@Kevin MartinGood practice...quiet title fixes it all...$2000 and done...add it to the rehab budget...

@Branden Sewell I could really use some number running practice as well.

Saving is the best first step and then evaluating properties for practice until you get pre-approved by a lender. 

I've just never been able to make practical sense of lease beginnings and endings...thank you for taking the time to read!

I helped with such things as renovating units, collecting rent, preparing leases and the eviction process.I starting working for a housing agency in New York approximately 14 years ago, stayed for 3 years and moved to NJ.

Secondly, lenders count rental income towards your DTI once you have shown 2 years or more of collecting rental income and being a landlord and will count 75% of the rental income I believe once you have a tenant and lease in place.