NEVER have a verbal leasing agreement.

We hired a property manager and leased our home for the two years we were in DC.

I don't think you would need to worry about sub leasing if you're leasing the residence to tenants especially family. 

I would consider that to be grounds for non-renewal of the lease. 

Some cool benefits include expense tracking (per property), the Lease Indiciation Tool (helps predict the likelihood of a tenant renewing the lease giving you the chance to renew early and/or increase monthly rent if you know someone wants to renew), Tenant Communication (via their app), Maintenance Requests, Tenant Payments, and more.

After a 3 month stay, our residents haven't been upset (or suprised...it was in the lease, after all) that a $250-450 dollar cleaning was needed to get a unit ready for the next resident.

Harry Helmsley’s deal to acquire the Empire State Building by separating it into (1) land (2) operating lease (3) building ownerships was less complicated.  

Since you’re considering moving into NJ and exploring rental properties, I would be happy to help you analyze potential investments.As a property management company, we regularly review rental properties, tenant leases, and market rents to help investors understand the numbers and risks before making a purchase.

For the 10 year period spanning July 2015-2025, the median single-family home price rose at an annualized rate of ~8%.I’m now also sharing leasing stats in my monthly updates.

And I'd list for sale/lease at the same time and do whichever came first.