Make sure to get the naan with green onions, it's fantastic.

Insurance alone on some coastal properties can take quite a bit of money and will eat severely into your income.

For the movie nights themselves I am going to be hosting them in HOA owned green spaces.

I ran into this problem in the crash of Bay Area prices in 1989 to 1992.. at the time all of our loans were fractionalized.. normally the co bene's had no problems making a decision together and moving forward..The issue came on a loan I had on a high end home ( in the day it was valued at 2 mil) on Green st in SF... first was a BOA  at 900k and we were a 200k second.. the market if you recall in the Bay area in those days crashed 50%... so we had 4 bene's 50k each.. 2 wanted to foreclosure the other two said I am not throwing good money after bad.. the other two could not buy out the hold outs.. and they let themselves get wiped out... this with a property that would have rented even in those days for north of 5k a month and would have cash flowed.. but no talking them into it, they all got extinguished when BOA foreclosed them out...

its a dog eat dog world.. then you have the properties themselves that can be big bummers..

If you are comfortable not insuring your investment that you paid, 30k, 50k, 100k, etc, for, and it has a loss that is thousands of dollars to repair OR, it's a total loss; then you eat those costs.

If you don't eat you starve and croak.

Anyway, when most of those are flashing red it's time to think about selling and when most of them turn green again, time to think about buying. 

They just have to sit back, eat popcorn, and watch the frenzy.  

@Douglass Belt My commercial broker lives in Madison, whith his territory being Racine to Green Bay to Madison.