Delinquency rate questions

[Hermont Ramsey]

I am a long term hold investor. Should I care about a property's delinquency rate in the development? As long as I'm getting a good deal on the property and cash flowing! I understand the hoa could increase due to the lack of home owners paying fees. But again as a long term hold investor as long as I'm getting a good return on my investment what's the problem? What else am I not taking into consideration?