My personal thesis is to avoid the HOA altogether, problem solved.RESTRICTIVE COVENANTS can still run with the land even if there is no HOA, placed on by the developer.

Personally, if your market tends toward the former condition (better/normal appreciation) I think it's a fairly safe deal looking at the long term, assuming infrastructure around you continues to support the idea of renting it.

So often i speak with flippers who put too much money on their personal cards and tank their scores.

I personally left San Diego in 2017 and bought my home in Riverside County for $155,000.

It's always a personal choice everyone has a different perspective.   

The beauty of personal finance is it's all personal :) If leverage works for you, awesome!

If you have to provide negativity with your comment, then please refrain from commenting This is my personal opinion but nothing he said was negative.

If you can personally visit the property to confirm, do so.

DesireeI have seen this same exact thing in Memphis TN in properties located near the University of Memphis so my personal opinion is to stay away unless you can still buy the property where the numbers make sense.

When I had arrived I found out that this guy had one truck, his own personal vehicle that doubled as his work vehicle.. and some personal tools.