Tankless are a PITA.Tankless require descaling up to annually depending on water and if you fail to descale as needed the warranty is not enforceable.  

Well, it depends a lot on how much your tenants care about their Credit Score.Sadly most Collection Agencies I've worked with tried to "make a quick buck" meaning use scare tactics to make the tenant pay before formal litigation.

However, the specific details can depend on various factors, including the type of asset, how long it was held, and any applicable tax exemptions.

also consider the added mess from fruit trees, as well as the things they attract, for example in WI fruit not picked that starts to break down or drops and left to lay attract yellow jackets and other stinging bugs as well as the hazard of falling fruit, and staining concrete depending where they are. 

It's still great depending on if you're willing to put effort into your properties and willing to strategize.

Then go, you will learn more in a day then a month sitting on the internet. 

For 30Y loans made to an LLC - 15%-25% down minimum depending on what type of lender you are using. 

Most stable tenants that are dependable to pay their rent on time and won't move every lease renewal typically expect a kitchen (even if its shared). 

It depends.

Hi Richard, I Live at the Jersey shore as well and might be interested in the (depending on the time commitment) -- Really hoping BiggerPockets network continues to grow in our area.