She earned her BA in Fine Arts at the University of Southern California.
[2] Elizabeth is the author or Moneygame, a female perspective photo book of strippers from various clubs after she visited more than 30 clubs in New York City, Los Angeles, Miami, Las Vegas and New Orleans.
[3] In October 2022, Waterman did a solo exhibition at Boogie Wall, an all-female focused gallery in London, featuring pictures from her book Moneygame.
As a part of the holiday season, they released 12 days of portrait photos of transgender women living on the Los Angeles streets.
[5] She is married to an American photographer, film director and author Michael Grecco.