I love finding VA Assumption Loan deals and have personally secured one so far as a rental property with a 3.3% interest rate. 

I need all the friends I can get since I currently only know one person (who I don't really know).

In fact, New Jersey law prohibits you from listing personal identifiers on the form. 

Hello @Yvonne Wang,The scope of work should include the following:- Basic info: Property address, client name, contractor's contact info, address, license#'s, signed general/operating agreement b/w contractor and client- Specification of repairs: Repair item, Quantity of items needed, total & per unit cost of items, taxes (if applicable), Completion hours, title of the person responsible for the repair item, written summary describing the work- Add'l info: Schedule of repairs, additional payment schedule details i.e. disbursement schedule, method of disbursement, deposits, holdback amounts, etc.The screenshot below highlights a couple of repair items.

I haven’t personally had a bad experience yet, but I know it’s definitely something that can happen in private money lending.

Unrelated persons ordinances are common. 

You absolutlely need to be direct to seller or have close, personal relationships with wholesalers and active agents.

Does anyone know stats on this or have personal experience in this region?

Not worth it if you have to feed the thing.But again, what are your personal goals to investing.

It's important to understand that a person can sue another person, but that doesn't constitute a judgment.