I don't want to scare anyone of with my tremendous and outstanding goals so I will "TRY" to keep this short. 

Make that 2 guys named Mark S from Katy TX that strongly recommending getting flood insurance.Actually I didn't have it, never required to have it, and was never affected -- but damn was I worried! 

I'll be helping them as much as I can and if you chip in too, that would be outstanding!

It wasn't the full payment. exactly.... lol unless this guy over-paid an extreme amount for the house I see no issue with paying $300.I'd be damn grateful if a owner-financed a house at 4% with minimal closing costs.

Throw the damn application in the garbage and fire the realtor.

Historically we know anything that you would have purchased with financing in LA in the past would have produced outstanding ROI.  

@Ryan Cox your coffee with multifamily brokers is an outstanding tip! 

For a more passive approach but still with potential tax benefits of long term ownership I would probably invest in an outstanding sponsor's syndication or NNN commercial leases.However, if the only capital I had was borrowed from my home, I would address that issue. 

We (the title company, me, my agent, etc) haven't received a response from the HOA regarding the current outstanding HOA fee balance. 

You have to pay off the 100K outstanding (leaving you with 460) and close with the 200K you have to put down.