I agree with @Christian Styles; consult a landlord attorney in your state.

Thanks It's probably an ad for a credit card stacking consulting company. 

It's a legal issue determined by your state's laws, so you may want to consult with a landlord-tenant attorney to get a good understanding of that before you make a claim on the deposit.

He gave me a free consultation where he was very knowledgeable and helpful.

The guru methods of "Sub Tos" is not how we consult on assumptions. 

I actually consult with PMC that uses AppFolio.Your PM should be able to send you the owner statement that shows the consolidated summary of your portfolio.They might have to use the Owner Statement (Enhanced Report)

Ultimately, the decision to use an agent is up to you but the good ones are worth their weight in gold and can truly be a consultant for you.

You need a team of:General contractor, property inspector, trustworthy lender (they will have appraisers, and title company), property manager (make sure is large enough that if the person that manages it gets sick someone else will cover), insurance agent, and a real estate attorney in case you need a consultation, and most importantly an accountant with a lot of real estate  experience (this will be a major ally as you grow your business)Line up your team even before you look for the property.Go to networking events.

NJ has licensure requirements related to private loans so make sure you consult a real estate attorney to understand your legal rights and proper course of action. 

You may have the 3 day option period there if that hasn't passed yet.My second thought is, in consultation with your agent, if you are willing to give up the earnest money, offer the inspection report, your bank appraisal, and be willing to release your earnest money.