We converted an existing shed to a 1 bed 1 bath apartment and now rent out the bigger house for great cash flow.

Have you seen the Property Llama tool by Bigger pockets member Chris Lopez? 

And much colder To me the bigger risk in CA would be the San Andreas fault line.

Hi All - I've seen quite a bit of confusion on the application of the Passive Activity  Loss Rules and Short Term Rentals. 

Hi @Wade C. and fellow Bigger Pockets Hosts,I’m currently in the third week of my trial with Intellihost, and I’m finding it promising so far.

Have you used the bigger pockets agent finder? 

Thanks for getting back to me, I'm doing some reading here on bigger pockets I appreciate that, I sent you a message request 

Quote from @Rose Jones: I would consider using a realtor if the property is 20,000 or more and yours meets that benchmark.I have done much bigger deals without a realtor (19k-3m) in various roles. 

I would suggest that you contact some of the New Jersey based people on bigger pockets for recommendations.

If the market slows down even just a little...catches a tiny little cold...you will lose all your money and the lender will likely take a loss also.I ran a distressed debt fund for 5 years, DO Income Fund, and we had hard limits when buying distressed debt.