Remember you pay the HOA fees even when it is empty...so when market is slow and it takes 2-3 months to rent, not only are you paying your mortgage, but also 300-$1000/month HOA fees.   

California has extremely high home prices, Taxes and HOA's in some places.

She has been sending complaints to the city and to the HOA board.Of course these complaints do absolutely nothing because we are within our rights and following a contract.She was complaining that we did not have the right to fix our own property since we are not licensed.She thinks she owns the place and we are merely room service. 

., missing property taxes or HOA fees), unreliable rent estimates, and the time-consuming process of manually calculating metrics like cash flow or ROI.Platform Preference: A web-based platform would work well for in-depth analysis, but a mobile app would be crucial for on-the-go research and quick evaluations, especially when touring properties.Wish-List Features: A tool that integrates local market data (rental demand, appreciation rates, or vacancy rates) and offers scenario modeling (e.g., "What happens if I increase rents by 10%?")

I finally sold it for a small fraction of what I paid for it, but I was out from under the HOA fees and taxes which at about $1,700. per year, which is a sizeable sum for me, and as we know, these fees increase every year.Bottom line is, DO NOT purchase property there for an investment. 

No HOA, no condo.Edited to add: I'm not sure I want to buy any more rentals, so I'd stick it in the bank and probably make more off interest than I would a rental...and with a lot less work and risk.Hi Theresa,Yeah, this is something I've thought about as well.

Also, city requires them to not get HOA violations. 

Can you go ahead and change that (think address of record for LLCs or bills for other properties).Make sure any HOA and the local government allows for your home as an MTR.1 last point to add to Jamie's first point: if you can, take a video tour of the home and what you're leaving behind.

Park rules are usually much more restrictive than even houses in HOAs because mobile homes and RVs are close together, and have older residents who are nosy and particular.

In my local area, the lowest of all lows would be a small condo at 200k+ which would have a pretty high HOA too, and would rent for about 20% less than the cost of the mortgage/insurance/tax.