NJ does not recognize more than one lease, and if the housing authority finds out, you (and maybe the tenant) can be kicked out of the program.Most streetwise tenants know this, as ours did, and as soon as they moved in, they stopped paying their extra portion.

Follow what other Real estate pros are telling you but deff look into buying general economic history books as well as getting a subscription to WSJ, Money Magazine and such.Mike G.

Our housing authority calls them "tenant option". 

A short list; HUD, state banking authorities, real estate commissions, FDIC, Comptroller of Currency, the CFPB, FBI, Treasury Department (Fed and State tax examiners) State Insurance Commissions, FHA, VA, USDA, Fannie and Freddie; private types, ALTA, ABA, Insurance carriers, internal auditors of parent banks, title examiners, when banks are public and selling chunks of stock, other institutions may conduct audits for acquisitions and loan purchases along with servicing entities.......

I have no niche, no history, so I'm a little confused.

It is funny in TK sfr's everyone buys on pro forma.. but try to sell a multi family to a sophisticated investor they would never take these pro forma's for anywhere close to actuals.. they would want to see history.. and there is no history on a freshly rehabbed TK so know one really knows how they will do... other than blue sky..

Hello all.I am having a really hard time with my escrow company getting a double close done.They say that they need some release from the cash buyer giving them authority to let me use their money to "buy" the property.

You wouldn't buy a "USED" car without knowing it's history or taking it out for a test drive.

@Anthony Dominguez I did call the three above that I mentioned however, for where I was in the start of my business ( I was 2 months into investing with an LLC), from what I remember the banks were looking for a businesses that had more financial history.  

Depends on how long he has been a tenant with you and the history.