I used to live in the city and the taxes and water bills are nightmares.

I agree with Nathan (don't forget to price running extra water, sewer and electrical lines).  

The HOA pays water/sewer for all cabins, and this was $9235.97.Our largest expense is landscaping/law maintenance, which is $12,200 for the year and proposed to be $14,400 for next year. 

Did nobody ever stop and say "oh, hey, maybe we should keep water pumps going because, ya know, no electricity no water pumping, NO WATER". 

I read that as meaning that a $100,000 property can have $15,000 of deferred maintenance as long as its not immediate roof work, outdated wiring, mold or water issues.  

For Enclave, it seems that if we manage and post on Airbnb, our guests cannot use the water park/amenities. 

Remodeling, painting, carpet, flooring, light or water fixtures - sure, I'm good with that.

.✅ Maintenance & Repairs Handled – No more emergency calls at 2 AM about a broken water heater!

For many, it allows people to test the waters to see if they enjoy being a landlord. 

Note that water penetration is not limited to flooding from rising water levels on the ground in a weather event.