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Updated almost 2 years ago,
Would you purchase an investment property with an HOA?
I am currently searching for my first investment property. I plan to live in this house for a year and then rent it out long term after that. I found a property where the numbers work, but it turns out that it has an HOA. It appears in the covenant that they do allow leases as long as they are 6 months or longer. Is this a property that you would even consider due to the HOA? / If you have a rental property with an HOA, what has your experience been like. I want to know what to expect!
Thank you!