Hello @Chris Atkins,To achieve and maintain financial independence, only invest in cities that meet the following requirements.Significant and Sustained Population Growth: Rental rates follow the basic principle of supply and demand.

In preparation of this work, we have voted on a special assessment for 2025 and 2026 to raise our reserves.

Did you write off those special assessments in 2010 and 2012? 

It is assessable only via boat.

.#1 tip I'd give if you're buying existing (or building) is to call the assessor and ask specifically what the new assessment will be after improvements.

It also depends upon the CCRs themselves — they can control as to priority — and the date of the assessments in question versus the date of the lien being foreclosed.Way too many variables for an accurate answer across multiple jurisdictions.

There are some things going on you will want to be careful of, Daytona has banned STR in many areas and the Condos...special assessments for certain ages and styles after the Miami incident have made a lot of them unaffordable.

With Risk Rating 2.0, FEMA looks at several factors to assess a property's real flood risk.Key Factors Considered- Property Location: How close the property is to water sources (rivers, lakes, coasts).- Flood Frequency: How often the area floods historically.- Types of Floods: Includes heavy rainfall, storm surges, and river overflow.- Elevation and Distance from Water: Higher and farther properties generally face lower risk.- Rebuilding Costs: Higher-value homes may have higher premiums due to more expensive repairs.What This Means for Homeowners- Fairer Premiums: Properties with lower risk may see lower premiums, while higher-risk properties may face increased costs.- Gradual Rate Increases: Increases are phased in over time for policyholders who see higher premiums, with annual caps on the rate hike.- More Predictable Rates: Rates better reflect the real risk rather than just being based on a flood zone map.Example Scenario (Simplified)- Old System: A house in a designated flood zone pays $1,000 annually, regardless of its elevation or distance from the water.- Risk Rating 2.0: That same house may now pay $1,200 if it's closer to the water and more vulnerable or $800 if it's higher up and better protected.Flood zones still matter under Risk Rating 2.0, but their role has changed. 

But, basically it's experience that wins the day.

We've had one cabin that has failed to pay a single assessment since the inception of the HOA one year ago and has wracked up $1750 in late fees.