And what is your price point and are you looking for turn-key properties or something along the lines of a "fixer upper"?

Used the proceeds to complete the work on a fixer upper I negotiated for $45k.

How do you approach educating people on the realities of the business? 

Was sitting on the MLS for awhile.

My understanding is Heloc since its a line of credit can be drawn anytime so say you buy the property with and the ac goes on a heloc you could use that to pay for it where the home equity has a period/ gives all the cash upfront.

Any information you are willing to share about past projects from addresses, scope of work, estimates, line item breakdowns, materials costs etc.  

People want to be on the water not near it.

If those are relatively modern you have very little to worry about.

No matter the number of units, there is one roof, one property tax bill, one sewer line, one gardener bill, etc. 3.

We have several different people lined up to clean ours depending on time of day and how much lead time we have.