I give advice around this topic to clients every day and want to know if I'm missing something. 

One area I recognize I’m lacking in is networking.

I still have clients buying in Vegas, but it's not as common due to cashflows being hard to come by with the traditional 25% down financing.  

In California I've bought mostly older homes but I recognize theere's some risk to that.

What I wrote above does not create an attorney/client relationship between us.

I know there are a lot of professionals in the suburb that I am looking that need a place to meet clients but don't necessarily want to go to their downtown offices regularly.

I recognize that one can not take a passive loss if their income is over 150k; however, from what I have read, it states that if you dispose of/sell your rental that you can deduct the passive losses the year you sell.

Jersey City is hot right now but like I tell my clients the majority of the time I can find them deals that make more sense in Essex County but that depends on the client and what their needs are along with their comfort level. 

Not when there are so many alternative methods of engagement towards resolve of which past clients have appreciated.

As someone who has coordinated 40+ deals in last 18 months for clients, I can tell you that the hardest piece of the puzzle is the property, the opportunity.