Wouldn't advise tying payments to only the original price, should also be tied to portfolio retention - otherwise you could lose all the doors you bought while paying out all the revenue to the seller and your expenses. 

Originally posted by @Cameron Price:Originally posted by @Andy Holland:Yes this is true,Technically the tax rate goes from 4% to 6%.But in real life is is equal to an increase of around 3 times that of an owner occupant. 

My understanding of the Federal Law is that the tenant can make modifications to the home at their expense but have to but it back to the original condition at their expense.

As someone originally from New Jersey, I am interested in returning to the East Coast and investing closer to home.

Do these tax advantages disappear when the original owner passes away and hands the portfolio to their children?

The mortgage will stay in the name in which the home was originally purchased. 

@Chris Seveney as a Note investor (I'm not sure if you originate or purchase notes) is Propstream a great way to identify real estate investors/ capital investors (ie: private money)? 

I'll have to check the original documents to see if they're allowed to do that and I missed it.

The LTV ratio also dropped to 70% from the original quote which was 75%, which impacts the cash-out amount. 

The original post mentioned Passaic County - but rent control will vary per municipality.