We have a new president pretty soon and usually that is followed by a recession.As for 100 basis point swing, I have two broker listings for the same property.

When I spoke to the president of the HOA, he told me that a 30% or better funded reserve was considered good but I don't have any basis of comparison and wanted to know if anyone had a good rule of thumb for how well funded an HOA of a 20 year building should be.

Stocks worried me though with them being at an all time high, new president, and fed rate factoring what may happen.

Just look to recent controversial comments by the Milwaukee Bucks president just this past week for further evidence... 

I met an investor locally who owns a condo in Nature's Hideaway and he became president there even though he doesn't live in the association.

We will see how the Federal Flood Insurance works along with how long it takes for FEMA to show up and the President to send Federal Funds for the hurricane disaster areas.

If it is in there then I believe they can request the lease be terminated NOTE: I AM NOT A LAWYER AND YOU MAY WANT TO SEEK ONE.Your best bet would be to call the President and let him know that look, I screwed up and I apologize that I did not do this, but can we get the lease approved. 

Here's what I've been told:- Realtor is your gateway to accurate MLS data (unless you become a licensed agent yourself)- The wrong realtor may speculate and potentially provide inaccurate info, but they should be, in general, one of your stronger resources for things like FMV (fair market value), DOM (days on market) and other details associated with local/current trends- www.irr.com seems to be a great resource for national and local market reportingI hope this is helpful - otherwise, I trust an expert will comment soon enough :) ...Btw - my family and I love to visit your area in the summertime (7 presidents)...sorry for the annoying seasonal traffic from us North Jersians!

I work very closely with the Vice President of ABI Multifamily here in Phoenix.

I am my condo Board President, and we are about 1/3 rented out.