. $10 billion isn't really a lot when you consider the possibility of half of Los Angeles and all of Orange County getting flattened by an earthquake.

HI Mariya, My team is based in Orange County.  

We have many beach condominium options in Orange Beach/Gulf Shores that qualify as a second home investment with programs with as low as 10% down, so you don't always have to come up with the larger down payment, but some buyers choose to go with a higher down payment to get a better rate. 

Hello, does anybody know where to get reliable data on whether short term rentals are allowed according to the zoning map of East Orange, NJ?

Unfortunately my municipal apples may be oranges to yours, I’ve navigated major urban municipal departments which simply might not match up to your local bureaucracy, but here’s my 2 penny opinion.- I stand by a pretty universal Bldg dept practice- a permit never gets released if zoning forbids it.

Now that the city's below sea level flood plain is common knowledge and it costs an arm and a leg to insure those buildings its not desirable anymore. 

You are trying to compare oranges with potatoes.You will be converting an IRA that is invested in the stock market you have no control over into potentially some real estate investments.

I really want to buy my first rental property but I live in Orange County so it way out of my price range.

@Melissa Nash That can't be in Orange County.

Investing in real estate market in today's market is the most exciting ever as a new bull leg market is created.