Or just in default?

This was my "cushion" money just in case I couldn't get rent from one of the tenants. 

@Jack Bobeck Thanks for the advIce and encouragement.If I drew from the LOC, it would be for the minimum amount I could get by with to make high-ROI improvements to the property just in time to justify higher rents at the time most of the exIstIng leases expire.

Its probably 2 wire romex but just in case look up in the attic and see if you see knobs and tubes with wire running in them.

@Justin Worsham how much r u netting a month.

But you would want to buy cheap enough just in case your not successful.You can mitigate some of that risk by doing your do diligence now.

I felt a little bad for the guy but apparently he wasn't dead, was just in some kind of long-term medical care facility and the house was his last asset. 

Here's some general considerations for house-hacking, but especially house-hacking in SoCal (because of the numbers)-https://www.biggerpockets.com/renewsblog/considera...Just in case any of that helps.

Hi @Justin Moayed!

You can start by searching the events area on BiggerPockets. https://www.biggerpockets.com/forums/521-events-an...However @Justin Eaton runs an event that usually has really good turnout with some great South Jersey BP investors.