I was influential in where the funds were applied, so I bear much of the responsibility. 

App_mode=Displ...197.172    Interest rate; calculation and minimum.(1) Real property taxes shall bear interest at the rate of 18 percent per year from the date of delinquency until a certificate is sold [...]Translation: Property owners who are delinquent on their taxes, for which a tax certificate (i.e., tax lien) is sold at auction, are charged 18% per annum.197.432    Sale of tax certificates for unpaid taxes.(6) Each certificate shall be awarded to the person who will pay the taxes, interest, costs, and charges and will demand the lowest rate of interest, not in excess of the maximum rate of interest allowed by this chapter. [...]Translation: Florida is a bid-down interest rate state. 

I form LLC's base on the amount risk/exposure I'm willing to bear.

It's a little bit like the joke about how fast do you have to run from a bear?

Look into sugarloaf, big bear, Joshua tree, lake Isabella.

Bear in mind what that means though - you are risking loosing as well.

Are the loan mods that FHA does still a non-interest bearing 2nd?

So what happens with your NY license has no bearing on NJ.

AirBnb's in this area would be in the mountains, preferably Big Bear and less so Joshua Tree.  

Workload: Solo investors bear the entire workload, which can include initial acquisition, property renovation, property management, and refinancing or reselling the property.