To save those costs, you might want to stick to some year build and older, for example, if you cannot do inspections on the properties that you are buying due to off-market deals or something else that is hindering you (all sellers I buy from do not want anyone in the home till we close).

I have yet to see one of these when underwriting to today's real costs, but I think it'll happen eventually. 

I argue how would median incomes double in CA and lay flat or significantly lag in rest of country? 

They often won’t tell you about problems until it affects their wallet, and they’ll flat-out lie if it suits their needs.

Flat, single story, no sunken rooms.

It couldn't hurt to call a couple attorneys right away to see what they say in terms of cost and suggestions for dealing with this quickly.In terms of mitigating any legal issues with your tenant be sure you are documenting every conversation you have had with the HOA in terms of asking them to make the necessary repairs.

The fee is a flat $495 for a one-one exchange.

Seems like it's in a lower end area so if it is filled you will have tenant issues and turnover cost.

I always assumed that the buildings in that area were condos and flats mostly.  

So, it would then potentially cost you a penalty for early withdrawl and also income tax owed on it.