There are no monthly fees (something that might change in the future).This is one of dozens of forums we regularly check in on.

Regular property managers for single houses and condos may not be willing to take them.I don't want to self manage either.Do the tenants have a higher rate of default than condos and single homes?

Installment Payments: The buyer makes regular payments to the seller, which include both principal and interest.

Any one of these could and regularly trigger a special assessment.

You can potentially qualify for a regular rate & term refinance of the 91k loan (plus closing costs) within 12 months.  

Better tenant selection and regular inspections will stop this from happening.

@Andrew AcunaPlenty of arm chair investors that don't know the difference between a shoe horn and shoe molding.Regrettably the majority of tenant problems are created by incompetent landlords.You have read the posts....my tenant regularly pays late.

You'll likely end up paying short-term capital gains taxes if you sell within a year, which can be pretty high since it's taxed like regular income.So, before diving in, make sure you have a solid plan for these scenarios.

I would probably start monthly or bi-weekly "safety inspections" to A) document any lack of evidence of risks/issues to the tenant's safety to be prepared to legally defend yourself in the future, and B) to monitor for new/worsening damage to the unit.

Regular channels for mortgage will not work....