But that might be part of the issue.If there aren't technical reasons to keep the wood shake roofs, you might have to work with the other owners to vote out the current board and replace them with people willing to change the rules.

I started REI in the latter half of last year and let's just say I decided I needed a cheaper education than the one I was getting by just blindly charging in :).I'm in Seattle metro area, King County. 

Unfortunately, you aren't able to choose different methods when determining basis.

I would like to make that more of a priority in my life and as such my investment strategies should allow me to work from anywhere in the world.In terms of why I joined Bigger Pockets, I feel it is a great resource to network and develop connections as well as an awesome educational platform.

The message states that I’m a newbie in the process of educating myself and trying to network. 

If they aren't keeping it clean, I take it out of the deposit when they leave.

I know most of us aren't attorneys but any input you can provide on the topic would be greatly appreciated.Thanks! 

We don't have any contract set up with the management company so we aren't bound to anything with them.

We have a decent sized war chest and are in education mode to learn as much as possible.

That's where I'm at, sort of frustrated because I've come to a point in my "self-education" in REI that I realize that the BRRRR method (if you want to get all or even all+some back out) ONLY works with downright exceptional deals....I am not discouraged by this, if anything, I'm more fired up to sniff out the deals, but man...it seems like it's gotta be WAY below market value AND be situated in an area in which upgrades will drastically increase the ARV for me to be able to make the refi work for me and continue reinvesting that money in more properties.