My Aunt and Uncle ran into this situation.
Their tenant fell behind on rent, and their filed for eviction, but the lawyer said thats nothing they can do since they filed a Children protection. Where they said they cant kick them out to the street due to their young offsprings.
Is there really a law to protect these dead beat tenant with Children? if so, how can one protect themselves?
I know people investing in NJ and I have never heard of anything so ridiculous, but you should check to be on the safe side. Thanks for the heads up in PA, I just got 2 props there for $1k a piece, I am definitely going to look into that. For sure NY has no such law or rule or whatever it is!
$1000 a piece? what shape are they in and at what area?
Sound like you hit a gold mine… Hahah. I am sure my Uncle and Aunt did not tell me everything… So my info on that is limited… I just want to throw it out to see if anyone here have a simular situation.