Not going to manage this one, planning to hire a local PM (have been intro'd to one that's been very helpful so likely to go with them) Nice.

It will cash flow very nicely once all 10 units are renovated and rented out

I would like to solicit feedback from both consumers and the pros on the feasibiltiy of buying a nice house near the beach near retail (I'm thinking NJ), then flipping it as quarter-share fractional interests at a premium.

A well written management contract should clearly spell out what is expected of both the PMC and the owner, to PROTECT both and avoid misunderstandings.

Buyers are looking for an appealing home that has nice finishes and the space they need.

If you materially participate and rent for 7 days or less, and don't use it personally, this will be a non-passive activity and losses can be written against active income. 

-Garages would be a nice addition, but I would think you need to check the surrounding places and see if that would be a huge step up or not.

It was nice to have a virtually private workshop with 3 experts, but I am certain most people who paid wanted to attend.  

I looked up the title insurance table you were nice enough to send me. 

We spend a lot of time furnishing and styling these units.