I keep coming across the HOAs that are higher in fees and upon further research some seem to even pay for power and water in room.

I self manage, but if I change that I'm not sure I'd be comfortable with one PM having so much power, so to speak. 

Not rocket science but such a powerful technique!

@Paul Caporali A 1031 does has the power to help you broaden your real estate investing.

For a discussion of the roles of Fannie Mae, Freddie Mac (FHLMC), and Ginnie Mae (GNMA), see the Library.Fannie Mae's Community Home Buyer's ProgramAn income-based community lending model, under which mortgage insurers and Fannie Mae offer flexible underwriting guidelines to increase a low- or moderate-income family's buying power and to decrease the total amount of cash needed to purchase a home.

I understand you are using the power of leverage and in 15 years paid for, but it wont put money in your pocket today.... 

Although I understand many of the points about "he may be completely safe and a good tenant", the bottom line for me is that at the end of the day, I don't want people like this associated with my life in any way shape or form..... don't need the anxiety or stress....If someone else wants to be the saint and help this guy out, then that's your choice and more power to you..... for people like this, that just isn't me....I don't want to have anything to do with you.... not on a personal or professional level.... you can be someone else's problemIts one thing to have a criminal record and throw them some sympathy and help them out....for me its a whole other deal to give someone the benefit of the doubt and help them out when they are a repeat child sex offender.

Additionally, we had a wiring issue where power was cut to one side of the condo which I feel may be the from the rodents chewing.In total, I have had my maintenance contractor in there twice to make sure all openings are sealed in addition to fixing the wiring.  

However- it expanded how/what we can expense all at once...which is why cost segregation (separating out some of the property from 27.5 year) is such a powerful tool. 

I live in Auburn Alabama and the market here is pretty crazy so I have been looking at surrounding cities like Montgomery and Birmingham that are bigger and more affordable.I know that the typical down payment someone’s needs for commercial is 25% so short of me getting seller financing, or a partner, or some other creative finance path my purchase power leads me towards properties that are typically in lower income areas- at least for the ones I’ve spotted. (200K ish) I’ve listened to pretty much every podcast multiple times and often hear people saying that when they begin they focus more on cash flow and as they grow they look more towards appreciation opportunities.