Now, some states have different rules for whether HOA liens survive a foreclosure, and you will have to uncover what those rules are for the state where the purchase lies.

What I don't get here is that if you are cash flowing so nicely, why sell?

Those little things add up fast,,,and hidden must do's are uncovered every day.

The street it's on, I would say, divides a not so nice part of town from the best side of town.

And who knows what else you may uncover doing a new roof.

I'm just trying to find more information about exactly HOW to accomplish out-of-the-area investments.I think BP is awesome and it's so nice to be 'surrounded' by like minded people.

Tacoma has a whole lot of different areas but in general, the Northend is nicer/more expensive and the Southend and hill top areas are cheaper/not so nice.

That may or may not be a new build, likely not.The beauty of buying the existing older home is that your inspection will uncover needed repair items and life expectancies of your capital items.

I'm not Rob, but I'll show you his answers that are already posted.http://www.biggerpockets.com/forums/52/topics/90852-tenant-screening-uncovered-duis-jail-time-etc?

I will only do that if I uncover major repairs that I did not find originally or we're not disclosed.