+1 for everything Brandon said. I would add that you can keep a "used limonene" jar that you freeze to allow perpetual reuse, but you should have a second "clean limonene" jar for final removal of stubborn bits of HIPS. When the clean limonene jar becomes dirty, add it to the used limonene jar.
I have done dissolvable support prints with Makerbot's dissolvable filament. It's just regular HIPS. Use your regular ABS settings and it will work absolutely fine.
The main difference between HIPS and ABS is that the glass point of HIPS is a bit lower (~10C) so you don't want to crank the bed temp too high or it will be soft near the build plate. 90C should be just fine.
When dissolving it, treat the d-limonene how you'd treat acetone. Don't let the delicious smell fool you. It's less flammable and somewhat less toxic than acetone, but it's still a fairly unpleasant solvent.
When done, leave the print out in the sun or in a warm, well-ventilated area for a couple days to help the limonene evaporate.