Best,kelsey  Hey Kelsey, UofA alum here (Bear Down!).

It's easier for landlords who own a lot of units or an apartment complex to bear the burden of non-paying tenants.Look for areas with population growth and population changes.

We do have the clause in any standard lease, paragraph 18, that the tenant has to comply with the procedure of requesting repair if the landlord has to bear the cost of repair.

Only myself and one other are willing to poke the bear.

Same goes for number of LLCs and what to fund them with, since bear in mind that CA tends to be more cumbersome and expensive to have LLCs than other states.California is generally more cumbersome than other states when it comes to taxes and filings.

Pete is a great place to be! Are

The soil naturally filters and treats the water.

Bear in mind that a lot of the BP content is US-specific and doesn't apply to Spain.As mentioned by @Andreu Ferragut, the rent/price ratio of long-term rentals in Spain is low in absolute terms and compared to many areas in the US and you can't boost your returns with leverage the same way you can do it in the US.

I would not poke the bear in general and not buy in HOA but if you are bent on doing it, I would consult a RE attorney that specializes in HOA.  

Bear in mind that it isn't that easy anymore given the price rises over the last few years.