They did buy a boat load in CA for example.

I'm getting bids for some compacted gravel and chain link fence to put up and will lease parking / storage space for boats, RVs, campers, etc. 

@Jamie Kammers I have been in the same boat.

We drive an hour each way every time we want to go boating on the lake (we have a boat there already), so we're willing to break even or spend a bit to get a vacation rental in this case.

They want a customer who wants to buy a house (to live in) or a car or a boat.

With limited funds, you can also look into vacant land and rent spaces for RV and Boat storage in the area. 

I'm in the same boat and am looking for a step by step as well.

Hi Jena Do you guys offer a boat with your lake house airbnb?

The lake is really for looking because a) there are/can be alligators in there and b) it's not large enough nor permitted for boating, though people do fish in it. 

I have taken over management of multiple properties that were in that boat...two, three months behind in posting income and paying vendor invoices; lots of angry Tenants/Owners; usually takes many months to straighten out and often the Clients never get all of the money that had been collected on their behalf.