It's funny to conceptualize that 5-6 years ago, probably no one would be advising buying in these respective markets. 

Management should have put notices on the apartment Doors advising all residents to crate their dogs or remove them from the apartment during the time that you will be there.

I always advise potential buyers to carefully evaluate the specific HOA's fees, services, and management practices while performing their due diligence. 

One mindset shift I would advise you on in the beginning is that what you think you are after, financial freedom, is not really what you are after.

First of all, I am extremely grateful for this platform and looking forward to some advise. 

Biggest piece of advise is to take your time and really understand the ins and outs of who/where/how you'll be investing.

That is TERRIBLE advise!

That's why if I ever get asked about renting basements, I always advise to be extra cautious when screening tenants. 

I normally advise my clients in Florida in this situation to:1) give proper notice of non-renewal, and at the same time,2) give notice to pay.If tenant doesn't pay within the notice period, file eviction, and the non-renewal notice serves as a "back stop", if you will, in the eviction, in case you needed to amend the complaint to add that count to the action. 

These loans are amortized over 30 to 35 years, and it is advisable to approach DUS lenders directly to avoid additional broker fees.➡️ HUD loans have slightly better terms than agency loans but require a longer approval process of around 6 months.