Consider yourself lucky , you could have a tenant not paying rent and you would be stuck not being able to evict now and for the posiblity of more months to come .  

Like some of you have said, there is no way to protect yoruself frome very posible situation or hazard but the feedback I am getting makes me realize I need to continue to anaylize and improve on my lease yearly-which I will make a part of my process moving forward.  

Hello Jason,So FHA is very specific with when you can actually have 2 FHA loans ( Yes this is posible ) and from what I understand from your post you have a couple of options.- You can have your mom refinance it into her name only if she can qualify for it.- Because you moved out and are renting it to someone else you would need 12 months of cancelled checks proving that you're not making payments. 

Hi Everyone i am looking for my 1st investment a posible rent to own or owner finance in the white plains area, anyone local that can help me ?

Having your own agent will allow him/her to negotiate the best deal posible for you.

I could lost my client and my deal.The point is do your homework very well check permits on city and county if posible , always pay for the owners insurance .

What I am trying to tell you and the other responders is that I am not asking if it possible, I already know it is posible, I am only looking for the right lender for my case. 

Is that posible?

If I bring a new tenant, I would have to paint the entire place and replace the carpets/Flooring and posible update bathroom and deal with marketing the property.

@Teri S. jajaja I hear you, but there is really a posibility of lowering the trash bill, it might not be worth it for one or two properties but some PM pay over 6-7k per month, I ve seen cases where simple changes can lower that to 2-3 thousand dollars.