Add a page to your personal profile - upload some pics and video, and then "boost" some of your posts using specific demographics to target specific markets.Promote specials to get more people looking at your rental - something like 2 nights free with 5 paid nights, or 7 nights for the price of 5, or Save $110 if you make your reservation by _____ date.Promote to your sphere as well on your personal facebook page occasionally.What interest groups would be interested in staying at your place?

How are the renovations being paid, special assessment?

First, I would study the zoning ordinance for the property to understand the appropriate uses (permitted by-right use, special exception and secondary uses).

A common gotcha here is governmental special districts that some believe are HOAs are actually governmental entities.

Here are the terms : Transaction Details: Buyer will not be charged a Buyer's Premium for this propertyIf you are the Winning Bidder, an Earnest Money Deposit of 5% of the total purchase price or $2,500 (whichever is greater) is required.Buyer may receive a Special Warranty Deed or equivalent if Buyer is able to purchase title insurance without delaying the closing (title fees typically cost between $500 and $1500 and are based on the purchase price of the property).

of course there is the largest one equity trust company out of OH (can be expensive)And Advanta (used to be entrust I believe)Oh and my buddy Edwin Kelly's Ira "Specialized IRA services."

Based on what you've said it doesn't appear you're looking for  tax write-off so what you'd wind up with is a a cash burden chasing presumed appreciation and unless Costa Mesa is an on-fire seller's market you'd probably not experience a great leap in equity in one year.I own rental property that generates income monthly and nets me about $30k per year as an income supplement.

My wife and I specialize in impact investing.We are currently helping to develop a crowdfunded business model that we believe can be replicated to about 2 dozen US cities that contain appropriate pools of distressed properties. 

I tried to go very conservative for this estimate and also used a proforma from a company that specializes in vacation rentals (Turnkey).

Make absolutely sure you ONLY deal with lenders who specialize in dealing with investors, and let them know you want to be able to keep building - that this is not a one-shot deal.