Some carriers offer loss assessment insurance, which can come into play when the HOA experiences a large covered insurance loss, such as a hail storm requiring roof replacement or a fire requiring building replacement.  

Quote from @Jaclyn Spinelli: Quote from @Aristotle Kumpis: Are you looking for more of a cash flow play vs appreciation? 

In all fairness, I have never participated in their mastermind group, but I have been pitched grossly over priced so called education programs from people that spend more time promoting and exaggerating what they’ve done in the hopes of getting a check from me with 5 zeros.

I I am playing with different scenarios and want a back of the napkin number I will use https://www.omnicalculator.com/collections/real-estate.

Remember when I said all it requires is to not get greedy; some would see this and obsess on being at "only" 40% ownership now and completely ignore the fact of how all that math plays out in this. 

When mathing this out on the spreadsheet I made, that seems fairly in line with the data that is given. 

Buying raw land near brown field could be a good long term play.  

Had very interested person who is an adult female almost 40 with no employment history to speak of (acting in plays, etc) but nothing for several yrs living with retired Dad. 

Again, this is where weekly email newsletters, monthly physical newsletters, etc come into play.  

@Lisa H. why does paying "fair market value" matter?