Mortgage 15/1 arm at $3.375% with max 4% interest increase due 15 years from July 2015 (Aug 1, 2030).Current condo monthly maintenance fee : $1036 includes water, amenities (pool, tennis court, concierge, gym, sauna, community room with pool and ping pong, maintenance)Current monthly mortgage payment: $499 interest, $504 principal Monthly taxes and insurance: $459 monthly contents insurance: $38Past Assessments: $11k for building HVAC upgrades $8k for building updates and building reservescurrent market value $400k - $425kcurrent  monthly rental median: $3100-$3200monthly landlord insurance: $45I'm also trying to decide if I should rent or sell and invest elsewhere.Appreciate all insights.

Also any tips on how to deal with tenants from a previous owner?

I'm assuming you have a hot tub and game room (pool table, large screen tvs, arcade games).

I am a newbie at this particular strategy, so any tips, hacks, insight, or advice you can give would be greatly appreciated! 

Since I am self employed, I was hoping they have a pool of lenders catering to Self employed.

Specifically the pool inspections as well as the patio inspections were incomplete.

Hi everyone, I am looking to improve my knowledge about multifamily investing (specifically syndications or pooled funds).

It's a fast read and gives some great tips and checklists for setting up and operating your MTR. 

Maybe a more cunning way to move forward would be to own a motel, maybe with a very experienced motel business partner.Or maybe a Pool Hall, or an LP in a new waterpark, or something like that.I've seen hard times crush men, and I've seen hard times make men refused to be crushed and come back X a ton.It's all in the mind and the will to keep fighting.Many in here have given possible ways forward.It would seem wise to focus on building up a pile of cash again.Talk to your tax consultant about the specifics of your situation too.....Good Luck!

Thank you @Michael Baum for the caution, @Lien Vuong for the neighborhoods insights, and @Cliff H. for the tip.