My business partner and I are in buying mode and we're closing on a 3 family tomorrow because the deal is so good and the property will cash flow like a fire hose after we've made a few improvements/secured tenants. 

Is my only option to let them damage the unit and take it from security deposit after they move out?

Anyway, I am now a little older, wiser and more financially secure and have got the itch to get back into the game; the right way this time.

As someone who regularly sends out several hundred hand written envelopes a week, I'm also very interested in this question

Hoping to get away from the 9-5, while securing a safe financial future.Looking forward to learning and building my business. 

I know there was at least one poster that was using peer to peer loans but I believe they were refinancing pretty quickly into a regular loan as the interest on those peer to peer loans is too high .

I don't know if they post their events on the Events page on BP, but you should check that regularly, too. 

In NJ you cannot collect more than 150% of monthly rent in any form of deposit, that's security, pet deposit whatever, all total 150%.

I would suggest keeping a regular job until you have purchased the first two to three rentals.

You rent out the upper and lower units and the total creates positive cashflow that may not be available in a regular single family unit.