Some of the biggest things to remember are that 1) it's a hospitality business.

Wasting our VA benefits on a bad property is actually my biggest fear, which is why I'm not sure if we should purchase a home at our next location.

I like severe fixers because, with my background (where I can do all the work if needed) that is where I will get the biggest ROI, and I get to have fun too!

then start selling the ones that have upcoming major repairs in the next 5-10 years or the ones that are a biggest pain to deal with/make the least amount of money from rent.

If it appears they have moved improperly, it might be a good idea to get the assistance of a lawyer.Unfortunately, you have learned the hard way the biggest weakness of condos and townhomes for investing: The HOA board can dismantle your investment returns with a simple vote.

I can never know for sure if the pipes or wiring was replaced (my biggest concern), I don't think an inspector can actually tell as well since you have to tear down the entire house.

I have been trying to get as much education as possible buying notes and selling them. seems like the biggest problems with sellers(lenders) on commercial property comes done to the real FMV on a commercial property.

Notify the seller of any large issues you find so that it must be disclosed to subsequent buyers which could reduce subsequent sell price and would provide some incentive for the seller to meet you somewhere in the middle. 

. ($675 preparation of deed) ($650 transfer tax) ($300 settlement fee) ($300 notary fee)Also in "Sellers Estimated Costs"  "brokers fee" is listed as "$4,000"   rather than 6% or $4,000 as if the 4k is just a flat rate.I feel this gives her no incentive to sell my property at the highest bidder.

Props we were all in 25- 30k are now selling for 100- 150k, Biggest mistake of my life was not keeping 50 or so of the 500 I flipped there, MASSIVE mistake