It is for a supplement to retirement, or to build something for full time money.

Our goal is to secure enough properties that we can live off the cash flow or at least supplement our retirement.

Each of those special assessments should be listed on your property tax bill (or supplemental property tax bill).

If you're borrowing $1M to buy a 30 unit apartment, your networth has to be at least $1M or moreSo your only option at this point is to look for an experienced apartment investor who is willing to guarantee the debt as well as supplement your downpayment.I strongly advise for you to NOT raising capital from private investors at this point (without an experienced partner/ loan guarantor) because of your lack of a track record.

If you bought new construction there is not enough there to pay the tax bill coming as the supplemental increases.

Just another data point, I'm in the Weber camp with @William Leahy and our units have grills that have been there for years without issue, even in the salt environment next to the ocean.We discussed gas vs. charcoal and decided against gas mostly because of maintenance and not wanting the guest to run out mid-grill and have to head for a tank swap location.So far what we've seen is guests leave about a half bag behind on average, that gets used by the next guest who buys another bag on their own to supplement that and then, you guessed it, leaves about a half bag behind.

Does anyone have any insight into exactly how title transfers or any readings to supplement our understanding?

Did you need supplemental heat in the dead of winter?  

With a strong vacation area such as this it wouldn't be hard to buy a SFR, and then air bnb extra rooms for supplemental income.

I am currently in a job that I enjoy and plan on staying with for as long as I can but I am looking for the opportunity to earn supplemental income to further enhance my families financial situation.