Makes complete sense to purchase a property that breaks even or loses money.

Yes, it is debt tied to a property she owns.

Let's cut to the chase:  "A tenant is obligated to follow HOA rules, as they are considered residents of the community and must abide by the same restrictions as homeowners, even though they do not own the property; the landlord is responsible for ensuring their tenants understand and comply with the HOA rules. 

If the difference is too much then they will purchase multiple properties using all of the proceeds.

I can find properties that likely can result in a full investment extraction, but after the max LTV refi the property is large cash flow negative. 

You should do all the same level of due diligence you otherwise would to buy the property. 

The conversation covers issues like the impact on property values, tenant rights, and the broader effects on the real estate market. 

If you don't have to return fees, but you do have other properties available: the unit has been leased to an earlier applicant, I would be happy to roll your application/screening fee over to another of my available properties if you are interested, here is a link to my listings: If neither of those scenarios.

In 2025 the bonus depreciation rate is 40%.This means that if you bought a property for $1M in 2025, did a cost seg study and found $300K in eligible assets that you could depreciate, you could take 40% of that $300K as bonus depreciation to offset your income in the first year.40% of $300K = $120K.You then apply that $120K to the owner’s personal tax rate to find the final amount that they can defer in year 1.If your tax rate is 37%, you can defer $66.6K.This is a big deal even at the 40% bonus depreciation rate this year.

and where you could start with a house hack... which is the best and most powerful way to get started.now, should you buy a random, 'cheap' (supposedly) property in some random market you may never live in or have any connection to, before you're settled, just to own an investment property?