Once you win the auction you have to put down a 15k deposit so I don't want to not have a chance of getting it back.

There's a good chance the issue(s) you face has already been discussed and answered.Ask questions in the appropriate forum.

Does anybody by chance own rentals in Cahokia, IL?

If you struggle with this, it is even more reason why making sure you follow all of the other tips I have provided is critical to increasing your chances of hitting your goals.5.

If in the rare chance they do allow short term rentals in the HOA rules/regulations and association documents, don't be surprised if they change that ruling after you buy. 

If I don't feel comfortable I also give folks a chance to get a cosigners.

Our mental model is to have enough that someone arriving late could put together a bare bones meal for dinner and have the essentials for breakfast before they head out to get actual groceries. 

It's very important to have a good PM and not go cheap or there's a high chance your rental will get poorly managed and you'll lose money in the long run. 

I know this sounds a bit like a weather forecast - "Sunny with a chance of rain" - but my crystal ball seems to be on the fritz right now.Best regards, Stevan

Companies are having to set aside a certain percentage to cover the Cap Rate insurance and as an abundance of caution with these interest rates- class B are paused.