Any feedback would be greatly appreciated!!

You will have negative cash flow and will only be able to rely on appreciation to profit....extremely risky.Additionally if plan A is a serious option for you then you are a very low risk investor and may want to reconsider directly investing in real estate and may be better off putting your money in a REIT.A investor, assuming they have the ability to move, would sell the CA property and move their money to where it can actually produce positive cash flow.

Any idea or feedback would be appreciated so that I can bring this issue at their next meeting?

@Russell Brazil @Ozzy Sirimsi Appreciate the feedback, both great points and I think my initial post came off the wrong way.

Sounds like you're already familiar with real estate and working in a positive direction on your career.

@Drew Gedemer thanks for the feedback. 

@Shaun Palmer appreciate all the resPonses, didn’t expect this much feedback but thanks to everyone...So it is a 50 gallon electric water tank but is being used as an indirect holding tank off the boiler with a circulator...

Everybody needs a place to live and apartments are one of the best passive investments and it makes money on day 1 if that is one of your goals and it can be a great long term investments.To do that type of purchasing of a minimum of about 32 units can afford a Property Management Company and still have a positive cash flow and each vacancy does not hurt so much.You do not need to have any experience to buy them,.

Thanks for the feedback.  

Which, from the feedback I've gotten here, leads me to believe that she may be just as in the dark as me.