I think what Charles is getting at is a very important idea that there is always more to learn and to me maintaining that mindset and humility makes someone much better in their field. 

College rentals are relatively expensive and come with their own unique challenges:1) Roommates not getting along2) No one cleaning or maintaining the property3) Weekend party damages4) Etc...While you are considering what to invest in, recommend you also figure out the property Class you want to invest in.Why is Property Class so important for investors to understand and apply in their investing strategies?

While she has been respectful and kept the home well-maintained, the late payments are a significant red flag, especially since it’s become a pattern over the course of the lease.You’ve found a potential new tenant with the financial stability to meet your needs, and I suggest you proceed with the screening process and hope the timelines work out for their desired move-in date.

,,,,, and I just got off the phone w/ the lawyer who created the deed and he confirmed what you say that the lease remains in effect

Our primary goal is to retain as much equity in our properties as possible while leveraging outside capital to scale faster.Proposed Investment Structure:Investors contribute 30% of the purchase price and 30% of furnishing/rehab costs.Our LLC secures a new purchase loan in its name only, taking on 100% of the debt.This structure allows us to maintain 70% ownership of the property.Properties will be actively managed to maximize returns, likely achieving higher upside than long-term rentals.Proposed Compensation for Investors:6% preferred return annually.After the preferred return is met, profits are split 75/25 (with investors receiving 75% of profits on their portion of ownership).Profit Calculation:Revenue – Operating ExpensesExcludes mortgage principal & interest, as our LLC assumes full responsibility for the loan.Looking for Feedback:Is this structure fair and attractive to investors while ensuring long-term alignment?

@Jason MaMy understanding is that you need to maintain corporate formalities. 

Also, how effective is their CRM—does it integrate well with other tools, and does it offer automation for follow-ups?

You control the conversation, not them.Bottom line: Maintain control, play the long game, and don’t let emotions dictate strategy.

Clear, professional, and documented communication ensures you maintain control of the situation while keeping interactions respectful and legally sound.3️⃣ Know the law and act decisively.

I don't see any solutions to those issues, because HOAs have to buy their own insurance and maintain their own infrastructure.