Speak with the Community Manager, or try to meet with one or more board members to gauge their attitudes on your investing ideas.Very Important:  check to see if there are any current or in-the-works special assessments. 

Initial Inspection and Assessment: Document property condition before work begins. 

College STRs are a great idea if you want something small, but I would look for small 2 bedroom SFH over condos just to avoid the potential assessments and condo captains (HOAs).

I’d also advise being cautious with turnkey listings that look overly perfect—they often come with a higher price tag and might not deliver the promised returns.Also, I’d encourage you to really assess property management options.

@Jamaal SmithWas the increase due to local tax increase in rates or due to valuationMost property taxes are increasing significantly as is insurance because of inflation - everything has gotten more expensiveYou can try and contest the assessment and see if it reduces taxes.

You can suggest performing background checks, credit assessments, or offering a higher down payment to mitigate risk.### 6.

I typically provide that as a starting point and then assess my situation/budget for the BRRR/and timeline for my next move with the investment. 

I’m assuming it was quarterly, but did you also get frank assessments, upcoming goals, etc?

When assessing if a property will do well as an MTR, we typically look at similar listings in the area on Furnished Finder, where we find most of our tenants.

Condos and townhouses also always have the potential of an assessment which can make them unsellable depending on the amount.