Create a solid routine for yourself that is the same week to week.

As a Home Performance Expert I run into many situations of uncomfortable, unhealthy, and too often unsafe indoor home environments.

Get a routine set up so you are continually checking on deals on a daily/weekly basis.

So, to answer your question, if you buy a replacement property that has a purchase value equal to the property you sold, and you bring on a co-investor, yes you will recognize some or all of your tax liabilities because you have not exchanged equal or up in value.So, for example, let's say that you sold your relinquished property for $525,000 and your routine selling expenses were $25,000 so that you have a net sale price of $500,000.

You can even offer to pay them a fee if you get the property.This same POF can be used for up to 30 days so you can make multiple offers in that time period.I realize it might be a little uncomfortable asking someone to do this, and there will need to be a high level of trust between you, but I just want you to know this option exists.

I would feel uncomfortable losing more than 10% in these two years.

TheCoverage you cite the HOA as having sounds pretty routine- pretty hard to makethem feel  vulnerable enough to want to help.

If it makes you feel uncomfortable, you may want to look at pursuing other options for obtaining leads down the road. 

If so then maybe, if not I'd be a little uncomfortable. 

Also, personally, I feel uncomfortable investing in an area I don't know really well, and that only applies to a few parts of California (I am not well traveled - I admit it!).