My input would be that if you are working with a foreclosure, you will frequently face some Deed anomalies and it's usually not a big deal.

I house hacked with FHA so my CoC returns are an anomaly to the traditional investor.

Most failures in REI aren't from anomalies, although they happen - hello 2008), they are from lack of knowledge, miscalculation of risk tolerance, and overtrust of a "vetted" source.

@Jeannie G —  I have to respectfully disagree.The property you purchased through the owner/Provider (Coral Properties) was represented by them as a rental property; however, as you and I both know the HOA restriction never came up at any point from the day we received the listing information to the day you received your closing documentation, and thereafter.In other words, this was not caught by the provider right from the beginning, and was not disclosed to anyone by the title company before you closed, and was not caught by your review of the closing documents (specifically the CC&Rs).This certainly was an anomaly and one that only has come up once over the years.It is and was our intention to help work through this with the original seller (Coral Properties) and formulate a solution for you...As you will recall from our communications back on August 20th, we helped come up with a few options for this property and we negotiated with Coral Properties to list and sell the property at no cost to you.

It’s an anomaly.

@Luke Mccandless   having grown up in the Bay Area its always been an anomaly in my mind when houses got to 100k in Cupertino we certainly new there was a huge bubble brewing and that those prices were not sustainable...

@Jason Hirko  this Texas anomaly of an option period.. is this just not a due diligence period. or inspection period. ?

For myself, and maybe I am a bit of an anomaly, I had dueling expectations/hopes for "success".

In an E-File, their algorithm can quickly process to see if there are any anomalies.

We are in the DC metro area and have been fortunate enough of a nice appreciation last 3 years (aware of the last year being an anomaly).