That would seem to be the easiest, cheapest fix to this.Or, if the buyer/agent objected to the specific wording in the letter (perhaps because it did not cover the issue sufficiently) ask the HOA to rewrite it.

The vast majority of buyers are not real, being someone who has already closed on property purchases carries a lot of weight.Good luck, I think you’ll do well

We used 401k funds to show reserves, and that was sufficient.

I couldn't fix anything when I started, now I'm mostly self sufficient! 

Initial cost is driven by home buyers making it too high and rent is rarely sufficient to cover expences.

It's hard to look at the cheap prices in other markets and think they are overpriced- an average 3 bedroom in my area is going for 350-400K +, if not in the 600K range, and a 4 bedroom is nearing a million- while I look at the midwest and see prices around 100k, that seems like a vast discount from my perspective.

My wife has been very supportive of this dream as I've begun to jump into it and our three kids are a good motivator to plan well for the future.While I currently live in California, this is my sixth state to live in, so I've gotten to see some vastly different areas of the country and intend to start my investing career somewhere cheaper than San Diego.

Double check that is correct.You might want to reevaluate the amounts you are holding for CapEx and Repairs.  15% together is probably sufficient.  

I love the structures of the homes, and vast architecture of the many neighborhoods, but I am not sure of the best locations to start looking.I would love to hear from anyone that has had some experience investing in Detroit.

You may or may not have sufficient primary insurance, but I highly doubt your PERSONAL umbrella policy covers business pursuits, no matter how hands on you are.