Viewing properties also helps you understand the market and what's available at what price point so once you are ready to make an offer, you'll be well-equipped.

The capital was then used to invest in equipment.

Peloton is a fitness equipment company.

It took him six months with lots of trucks full of pros and equipment to get all of them looking like new and pave the whole area to rent as Airbnb.

The "true" RV nomads are equipped for "boondocking" - living 100% off grid. 

I ended up ordering refurbished machines from American Laundry Equipment in Waltham Ma.

Move the building machinery and equipment up off the lowest floor and you’ll get a break too.

Peloton is a fitness equipment company.

Am I being unreasonable in expecting him to rent the equipment and me pay for the completed job or to reimburse him after the equipment is returned and there is no longer any liability for it?

@Dax Squillante  Using your numbers (which I would be very surprised if you can keep your costs that low), your breaking even with zero cap ex reserves (one piece of equipment needing to be replaced like an AC system, furnace, refrigerator, etc, would put you at a loss for quite a while).