You may think it's cheap but the locals are probably horrified with prices.

Investors buy in an HOA because properties are cheap, but then they quickly realize Nazis and busy-bodies run the HOA.You can try to build a coalition of owners and fight back against the charge, but it's unlikely to change.

nope. the houses there are cheap for a reason.

So yes they don't always think it through before they throw something out there.

I'm throwing around the idea of renting my home that I live in and buying a new one.

Just note that if it is cheap (<$60k), there is a reason.Both the east and west side are find.

You are losing money every money, and you are possibly losing more because the tenant feels entitled to cheap living.I recommend you increase the rent to the market rate and get paid what you are worth.

Not the most user friendly IMO but it's pretty cheap so if you're just starting out it may be a good option.

And you flip one and make 30k and then you hold the second one and throw that 30k into a deal that you picked up for 150k. 

They want quality work , cheap price and done quick .