They are very common, they have been around forever, they will continue to be around forever.

That's a fat no!.

It is very common in this side of the business for bait and switch to happen. 

You can compete with riskier stuff outside common buy boxes and in tertiary markets.If you aren't already licensed, is the plan to use a Realtor to make offers on your behalf, given it is already listed on the MLS, and then shop around for a buyer? 

This is their reasoning:"Rental makes common area management, communication, and covenant enforcement more difficult, and it increases the resources needed to manage the community.

This is easier than you think.Not commonly done for 1-4 unit residential, but very common for commercial.If you need a 35% capital injection, you find the human person with that capital.

Above 5+ units is possible but more challenging and rates are where you would expect them..50-65%LTV will be common for higher plex units, a common workarounds is if they have a US based family member or business partner with an LLC..Some investors or lenders have specific countries of origin that are restricted or even prohibited, check with your mortgage professional. 

I think we can find some common ground to add value.

Analysis paralysis is super common, but the fact that you're ready to take action is a big step forward!

Or is that a common practice among trusted contractors and investors?