I only have 2, but I do so little work managing them so far that I'd get sick to my stomach knowing I was paying some one else to do them.  

I can’t stomach those association due every time I look at them!

It brought back fond memories.Best time to go in them jewels is July and August. ( I recall emptying the contents of my stomach a time or two on opening the door) Picked up a rash on a leg in one property that looked like poison ivy and lasted almost four years Doctors didn't know what it was.

One solution, if you have the stomach for dealing with HOAs, is buy it at a screaming discount.

May not be suitable for all cases, in fact a creditor(your lender) may file a Relief from Stay (when a creditor is permitted to take action to collect his debt or to regain possession of its collateral) and your main reason, your mortgage on your home is set aside from the bankruptcy, followed by headache, nausea, upset stomach, diarrhea, and loss of money for paying an attorney group for a cure all that didn't work."

@Jeffrey Rinaldi, if you have the stomach for it, you might want to consider out of state rentals.  

I don't have the stomach for it and when it goes down I want out. 

Whomever does this will need a strong stomach and property management skills. 

The hassles and silly tantrums by underwriters are just more than I can stomach.

We don't invest in the Bay Area because (besides not being able to afford it) my husband can't stomach the earthquake risk!