I would hope to eventually have long term dependable tenants so I don't need the company as much but I am basically looking for someone to poke holes in my plans and see if there are any flaws.

Please shoot holes in my plan and let me know if you have better ideas.

Again, I don’t know this deal from a hole in the ground, haven’t see the pro-forma, etc. so it’s all just speculation given what’s here.

I'm sure you'll see tons of holes as I go through this scenario.

So there's some holes in this approach (which I'm also trying to sort out myself).

They also have their own insurance so if a person punches a hole in the wall then they have to fix it, etc.

The HOA can only foreclose if you're not paying dues or fines - we can't foreclose if the issue is non-monetary covenant violations. 

@Bob RenthammerWhat do you see that could a causing a supply shock or may cause the gov to increase regulation/monetary policy to the detriment of growth? 

After a couple minutes of thinking about it, I think I may have found the hole.

the holes in the front doors made them look like dart boards..