This is also after a lot of back and forth with the buyer first saying they would accept a letter from the HOA stating they are responsible for fixing the sheathing and then deciding the email from them wasn't good enough.Here is the contract language in this regard if anyone is curious:If the infestation report reveals the presence or indication of or damages by termite infestation or other wood destroying organisms, Seller shall remedy such deficiencies and shall furnish the Buyer with an infestation report by a qualified/licensed/bonded pest control operator (dated no earlier than 30 calendar days prior to Closing) that the Property is free from infestation or any damage herein mentioned; or documentation that the infestation has been treated and damage has been repaired as appropriate in a workmanlike manner on or before closing and reported by an appropriate licensee.

Also others have mentioned this also puts a cloud or something on title because even if you sell the property or transfer it to a new owner, the new owner cannot rent the units until after the allotted time based on the eviction reason.If you can purchase a property at a below market rate and evict the tenant for a few thousand dollars and sustain the cost of holding the property, then yes you're going to have some long term appreciation and potential rental gains. 

I like how his analysis of demographic trends point to sustained/increased demand for multi-family and rental properties in the future. 

If your rent marked sustains the increase rent, plus having them pay the water I would move forward with it.

@Maugno Mora Not a real fan of BRRRR because it's not sustainable...you can pull it off a couple times and then your DTI will become problematic.

I also have friends that own all manner of other small business that create a very nice living for them.Subway sandwich shops    Take and Bake pizza   Five Guys  Janitorial ( one buddy of mine from Napa owns a huge Janitorial concern in the north bay and just kills it.. another is in Vineyard management  with over 1000 employees he is raking 5k bucks an hour off of .. and lives in a 5 million dollar home over looking Silverado CC and he came from Mexico as a barber.. you have to love America.. 

In short, you need to ask yourself how will the appreciation that has occurred over the recent years be sustained, and what driving forces will happen going forward to continue the price trends of demand > supply?? 

That many hours isn’t sustainable as I’m sure you’ll realize.Like you I studied engineering, now work as one.

It is to start a sustainable investment business in the USA with the idea of living there.Do I need to get a green card before even considering investing in the USA?

@Caleb Heimsoth sustainability/enviro science.