I lived in my home in South Carolina as my principal residence for all of the last 10 yrs, moved, then sold with owner-financing. 3.5 yrs later after sale, the buyer re-sells the home and sends me full loan payoff.

I looked a 7 properties all within 5 mile radius.

Keep in mind banks still pool forclosed assets together and sell them all together as a group to one company.  

I want to keep away from any short cuts , I am not looking to take large cuts from sellers (I’m a true agent at heart and looking to serve my clients) .

Self managed HOAs are usually undercapitalized so you want to take a thorough review of the condition of the community to make sure there isn’t deferred maintenance because you might get hit with a special assessment if the board isn’t setting aside cash for those capital improvements.At face value, taking into consideration my typical financial objectives, I wouldn’t do this deal unless it was a much lower price.

Appraisal is a strong background going into this, you've already got a leg up congrats.I'm not in your market but I'm a big fan of all things affordable housing. 

Hi @Jinxiang XuFoundation repair is common but no pipeline replacement, it depends on the age of the property, but in your situation it could be due to the foundation work done.Service prices are in all ranges.

Marketing is all about message resonance.

If you can get a waiver of subrogation as well you will be all set.

We take 20% as our management fee.