I will check out J Scotts book.

''Check out Noah's article and his reasons why he thinks rent offers and concessions are not a good tool for private landlords here 

I would check your cash flow in relation to that $55k number to see if it's sufficient for you.

It sounds like the tenant has solid evidence their check or auto payment was received by the wrong party.  

I've seen landlords live in blissful ignorance for 5-10 years due to dumb luck, then their world comes crashing down and they lose everything.I have a book, there are some in the BP bookstore, or you can check out one of my personal favorites, Every Landlord's Legal Guide by NOLO.

I recommend checking out these west side neighborhoods for cash flow: Jefferson, Cudell, Brooklyn Centre, and West Boulevard

I don't know anything about Goodegg, but while you're vetting sponsors, check out Gray Capital, I'm totally unbiased but I hear they are pretty good ;)

Lesson learned, check your numbers more thoroughly ahead of time and actually do your research.

We’d actually love to invest in Bergen County NJ, but the numbers just don’t seem to check out at the moment.Also, thanks for the reminder not to rush into something just to do a deal. 

If curious, here are the last two: Jan 2023: Multifamily Real Estate is At Risk of CrashingFeb 2024: Multifamily is at High Risk of Continuing It's Historic CrashI think that the title for my 2025 analysis (likely Jan/Feb publication will be something more like:Multifamily is Finally Going to Hit Rock Bottom in Q2/Q3 2025 - Get Ready to Buy a LOT of itAs usual, I like to publish my draft thoughts here to get input from key players in the space and these forums, especially folks like @Brian Burke, to see if I am missing any high level areas, before I get into the weeds and look at the data more deeply and regionally.