So, not only do you have all the regular HOA BS to contend with, you have the added fun of addressing the mismanagement.

By using this strategy I'm getting about one result a week, and of these results, only 1/4 of these are contenders. 

You just gotta separate the contenders from the pretenders.  

I would also change the language in your lease to keep you from having to contend with this again. 

I like Kyle's idea of speaking to the other owner so that there's always a perceived "other party" to contend with.As for getting reliable people, outside of the traditional routes of finding tenants, you can also ask to post ads at the places of business that your most reliable/responsible friends work.  

First, "the process being run as a beauty pageant" is likely to be EXACTLY what gets @lhe O.' ire (because pageants encourage obvious non-contenders to still pay all their fees regardless, smiling all the while)!

Just pickin cause we took a greedy Osweiler, but I agree....Broncos are still a solid contender.... at least for a playoff spot. 

I would contend that where location ranks on the "importance" scale depends largely on your specific goals.

if it becomes a top contender- come on up and check it out.

I know for single family finished lot cost is 20-25% of total sale in my area.  15% for raw land if there are no major issues or costs to contend with.No rezoning required but the subdivision would still need to be approved.The units would be $175k-$225k probably averaging around $190k-$200k.