Many associations are feeling these same inflationary pressures and as many of the buildings in the area age they are needing more and more repairs that are in many cases being passed onto the owners in large sums. 

Local hard money lenders are often not fantastic marketers so you may have more success by going to your local real estate investors association or local investor meetups.

There is a process for enforcing the standard and part of that process is the incredibly long timelines associated to them (for good and bad reasons). 3.

Check flood zones, potential environmental hazards, and neighborhood associations with architectural guidelines or fees.

What kind of fees are associated if you're the winning bidder?

I then run all the associated numbers; ARV(using MLS comps), repair estimates, closing ,title and commission costs.

Hi all, I have some rentals in Jacksonville and list them for rent on Zillow and associated sites.

Other than the cost associated with turning a gutted attic into livable space, what other issues may come up?

Obviously, this can impact your overall cash flow. 6) it’s important to find an agent that knows the area well and understands how to work with an investor, as the process is very different than buying a primary residence. these are all things to consider, and there is going to be a learning curve associated with the process.

Even if the association owns the land, don't the individual condo owners own the association?