I am purchasing STR insurance and have all licenses, but if something happened would HOA cover outside costs. 

@Godsheritage Adeoye when you purchase a property "subject to" the existing mortgage you will then make payments to that mortgage company. 

I can only think that this grows as we move into the typical buy/sell season.I assume that your buyer funnel is full, and a lot of people have the want to buy with a constraint or two (rate mostly) of some sorts and you're working with them to execute their purchase at the right time while working around their constraint.

. - cash flow is difficult now with long term rentals even if you pick markets that have lower purchase prices than Boston.

View report*This link comes directly from our calculators, based on information input by the member who posted.I’m considering purchasing two investment condos to help pay for my children’s college tuition in 13 to 15 years.

This LLC has you as the managing member and 80% owner and can purchase investment real estate of your own or with other partners.

Purchase price: $640,000 Cash invested: $640,000 Investing in Condo properties in Broward County, FL What made you interested in investing in this type of deal?

The second option was to do a Construction to Perm Loan inclusive of land purchase. 

@John Davey Interest on a home equity loan used to purchase or improve rental properties is deductible on Schedule E as a business expense, but not on Schedule A for your primary residence.

Quote from @Steven Barr: Has anybody ever purchased foreclosure land from the courthouse to build on?