@Jordan TroutmanWelcome to BP, and congratulations on making the decision to invest in your future via real estate.I have written a few blog posts that may help you get started here on BP, and with your investing.

It's not like a contractor's license where you need years in the trade first before getting one.

At this time I just want information on making smart decisions.

There's "hardship" appeals, that would give you a rent rise to just over neutral cashflow, that may be the best you can do.http://www.state.nj.us/dca/divisions/codes/publica...EDIT: Did some googling and ran across this sh*tshow of a court decision.

Use this information to guide your decision when making an offer on the next deal.Cheers!

@Miles BennettWelcome to BP, and congratulations on making the decision to invest in your future via real estate.I have written a few blog posts that may help you get started here on BP, and with your investing.

@Jacob RasconWelcome to BP, and congratulations on making the decision to invest in your future via real estate.I have written a few blog posts that may help you get started here on BP, and with your investing.

I don’t blame this one on them - I made my decision back then based on my own due diligence anyway.

To see if it's a wise decision to loan him the money. 

Consider an incentive (trade) rather than a straight up discount (giveaway), either offer a lower rent amount if they set up their rent payment on "auto pay", or offer a rebate if rent is paid on time for 12 months straight, month 13 rebate they earn can be a $600 BestBuy card for instance.