Pet(s)shall not be left unattended outside the Dwelling Unit.Tenant shall not inflict or cause cruelty in connection with any pet(s).Commercial breeding of pet(s)is prohibited.Tenant will remove or secure any pet(s) on the premises when property is on the market or when repairs are scheduled.2.

I think this is a largely self inflicted wound.But there was an assisted living home across the street who continually called the police and we received a number of noise violations for doing nothing wrong except being 20 something college kids with weird hours, much different than a senior living center.Well being "20 something college kids" doesn't give them the right to be jerks.

If it would "violate" the exchange rules, who and how would the "governing body" know or inflict penalties?

Good Luck in avoiding tenant inflicted issues on our property.

Was it self inflicted or did a family member/friend get you started?

And while I totally agree thatvma y times they are assinine rules at worst or outdated at best, they are the rules and if.you break them I have learned there are bound to be HOA Nazis ready to inflict pain upon thee.

Not really the smartest move and it's usually self inflicted, but at times that's the only play they have due to their own procrastination. 

I can't take the up and down of the stock market due to the self inflicted wounds by our politicians. 

And I would encourage you to even cap your max bid lower than that, since you still have to account for any property that is still occupied (and that you might have to do "cash for keys", and that occupants can become irate and inflict damage, plus other factors...)And of course, purchasing with the above 65 to 70 percent rules does not guarantee that there will be positive cash flow; those formulas usually are used for re-sales.

So, for any problem in any REO that is inflicted upon me, I take an appropriate deduction from the price that I offer; that way, even though I end up paying for the problem, the discount has already been given to me by that bank.