Most people will get these to minimum occupancy standards (e.g. sturdy floors, no roof leaks, working plumbing, hot water, air conditioning / heating, etc) and then rent it.  

You can often get all of your money off of the table and more.The reason you get loans on long term investments is because of the power of Appreciation and Risk Avodance!

The boat slips are rented seasonally, paid up front, and currently generates $2,000/month (when averaged over the year).Total monthly income: $11,250 ($135,000/year)Expenses run very low, from what we can tell, listed annual expense:RE Taxes :12,000Insurance: $6,500Water + Common Electric: $3,000 (heat and hot water is paid by tenant)Maintenance + Repairs: $2,000Management: $10,000If we do 40% down ($700,000) and finance $1,050,000 @ 4% over 15 years: $93,300.Add for vacancy, misc, etc...  

I feel like all three platforms bring something good to the table and all three have drawbacks.

I decided to just book an inspection since I needed to get some pics of a water heater I need to replace (with the one tenant that has not been visited recently).

While I don't quite have the down payment amount saved up right now, I'm hoping to team up with my family (1 aunt and 1 uncle, they both own rentals) in some kind of joint venture deal where they bring a larger percentage of the down payment funds to the table as silent partners and I manage the logistics of the deal.

I'm looking to network and hopefully find people that I could bring something to the table in exchange for being able to learn about various aspects of the business.Thanks,Brandon

What do you bring to the table to follow the vision and reach the dream?

I want to start flipping houses where can I go to attain money to start I have no money right now and work at a job that pays under the table should I see if I can get a loan from a bank or should I ask an investor WHAT SHOULD I DO?

City water/sewer is a good start.