That then registers the property at a new “base rate” and your future rent increases all be “base rate” + Inflation as guided by the town.

After some additional research we have decided to focus on the aforementioned markets, but I will keep you in mind if we decide to look at Columbus more closely in the future. 

I would suggest giving it up and just hire an agent when you are ready to transact in the future.

@Roy Kinzer Rent control in NJ can be a tough pill to swallow and unfortunately has caused many of my deals to fall apart quickly once buyers/future landlords realize how strict the controls can be.

Next, plan on inspecting your properties every 90 days; you can communicate this to the tenant as you ensuring the property is in good order and to help you plan for repairs/future improvements. 

Real estate is not the stock market and it's called buy & hold and not buy & sell for a reason.I did sell a few properties about 10 years ago when I learned the hard way that going into cheaper neighborhoods was not the right strategy for me, so that was basically a strategy correction and it was necessary, but also costly both in terms of dollars and time.

And I hope that is more future readers of this post, and on BP. 

I would like getting into those in the future.

Interestingly I saw they’re still in existence with a stock price of $3,105 per share.  

Really your advantage is using your legal prowess to better appraise future deals.