There is a possibility that someday a president might come along and offer a long-term capital gains tax rates of 0% if your taxable income is below $37K.

We are also less than100 days into a president, like him or not, its a less than predictable situation we are in.

You could then be the HOA president 

My related experience as president of the homeowners association for eight years is beneficial in regards to property maintenance and dealing with people, but not directly related to screening tenants and leasing units.What do you look for in a Resident Manager?

I think there is a good chance of that happening only because I know the president of the bank very well and they are an aggresive bank.  

Personally, I feel like its a tricky time with the vast majority of economists predicting economic armageddon if our new president will actually follow through on all his promises.

I like the perspective of @jason hartman who espouses the idea of using debt as a hedge against inflation - especially in the midst of the potentially inflationary new president (personal feelings aside).  

And of course everyone is aware of the recent rate increases, and the likelihood of more to come. (3) China's President Xi is getting increasingly desperate to quash the outflow of capital, much of which landed in cash-only real estate purchases in North America, with a particular emphasis in California. (4) President Trump's immigration and trade policies (*whatever* they may be) appear likely to dampen foreign investment. (5) California's high earner/highly educated demographic is in negative growth; i.e., they're emigrating.Of course every part of the country faces most of these same changes and tendencies.

The president of the Salt Lake Real Estate Investment Association (SLREIA) is named Randall Wall.

Purchasing the 11 units will give me enough ownership to become the president of the association and reduce common charges.