There is one active well serving the current residents and 2 others that are inactive that I imagine will need to be brought up to serve the remaining lots and/or provide redundancy/backup.

I have a big project in PHX in process; so, am bullish on opportunities but there has definitely been a freeze on the west coast with historically low transaction levels.20% decline in activity or prices? 

I usually have one property in active management with the bulk of my properties handled by a PM, so I don't have THAT many transactions every month.

You may want to quote your auto at the same time to see who can give you the best combined pricing/coverage.Here are some things to look for from an Insurance prospective that my give you trouble obtaining coverage:1.Any in-ground tanks (active or inactive)2.Any Knob & Tube or Aluminum Wiring3.If built before 1978, does the building have Lead Safe certifications4.Any wood stoves or secondary heating units.

After looking into it myself, I noticed the Secretary of State had the HOA company's status as Inactive for the last few years. 

You can hang your license as inactive (you can get paid on referrals only) with some companies like mine.

Inventory continues to decline while mortgage rates also drop which is leading to more demand in active inventory.I hope this helps! 

. §1.401-10(c)(1).The purpose of the earned income rules from self-employment is to provide a solo 401k plan for the self-employed so that they can save for retirement, and to exclude inactive owners whose income is derived only from investments as investment income is not considered “earned income.”Lastly, you will want to preform the management of the properties continually and regularity with the intent to generate income or profit; therefore, you rental activity will be deemed a business.

It's usually easy for anyone to manually confirm the comps but the problem nowadays is that the data is quite skewed because of the vacancy rates and inactive listings. 

Is NEXT GUY involved in actively managing me?