There is a good meetup I attend sometimes on Madison and 29th, next one is October 19th, here is the link: http://www.meetup.com/Multi-family-Apartment-Developer-Real-Estate-Investing/events/226004935/.  

Here is some info on increasing rent in New Jersey.http://www.state.nj.us/dca/divisions/codes/publications/pdf_lti/rnt_incrse_bultin.pdfHere's another link to towns in New Jersey with rent control laws.http://www.nj.gov/dca/divisions/codes/publications/pdf_lti/rnt_cntrl_srvy_2009.pdf

Will share link tonight. 

If inflation picks up, 4% is going to be pretty nice.

The trick is to get a single property website and link it in zillow descriptions, mls pages, pulling traffic off these mass listings sites and allowing buyers to focus on your home.

According to this link the rate is 5% - 7%.

I had found this (see link below) near a condo I own.  

It's still a reasonable income per partner (I'd certainly be happy to get that income) but the article is inflating the benefits and ignoring all risks.We're at all time low interest rates at the moment. 

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Him signing a new lease is going to be a negotiation, and the odds of him coming up with a security deposit are very slight, and it would be hard to keep anything out of the security deposit when it comes time for reconciliation; I have a feeling that move-in and annual inspection documentation is sparse as well; the place "has always had a dog smell", certainly from the time that you collected the security deposit.Consider contacting Gary Link's office to take his "Landlord Class" which will give you access to his lease, (there is a cost for the class, not sure what it is anymore).