I hope someone with experience can help.The property is a 3-bedroom, 1-bathroom house according to public records, but the current owner converted it into a 2-bedroom, 2-bathroom about 10 years ago without permits and updates to the records.Questions: I'm planning to use a conventional loan.

The condo values have not fallen close to enough to compensate for the increased HOA costs but sellers are reluctant to discount appropriate for the HOA cost increases. 

Hi, what Kevin is saying about compensation is 100% correct, but may be slightly different here if you request for discounted rent rather than receiving cash compensation directly.

This allows you to buy into a great neighborhood at a substantial discount, as the stigma of Youngstown will force a discount on all properties in it.

I have a few rentals that only have one bathroom and it isn't a problem. 

Updated electrical, new bathroom, new roof, siding.

You have better control and a deeper discount with pre-foreclosures. 

It’s a 2 bedroom 1.5 bathroom by LAX.

We updated key areas like the kitchen and bathrooms, improved the property's curb appeal, and addressed any necessary repairs to ensure the home was move-in ready.

We have a revenue manager looking at the competition and our length of stay discounts etc daily.Are you just on Airbnb or are you also on VRBO?