For example, if the rent was 1000, and your total prin/int/taxes/insurance/HOA payment for that property  was 800, you would only have to carry 50 dollars a month with the rest of your income.

The question here is how can I rely on myself doing more diligence when it comes to liens, issues with HoAs that may have financing declined or things that may affect me when buying cash!?

Stay away from states that require higher taxes, Insurances, and in most cases HOA to avoid lost cash flow.

I would definitely ensure you know the ins/outs of each condo you're looking at, we've run across several situations where the HOA is a nightmare to deal with especially with a rental.

I am not sure what the Denver market is like but there are not too many HOA neighborhoods in this area unless you go east in areas like Brandon, Ruskin, Valrico (which are good areas to flip in) or North of Tampa in areas like Land O Lakes, Wesley Chapel & New Tampa.

@Antonio Maria FarinhaIt's difficult to cash flow in NJ with condos that have high taxes and HOA fees.

There are no restrictions on duration of rental from the HOA other than the unit cannot be rented as a STR/Airbnb.

Every time we have frustrating issues with it, like plumbing issues that involve the neighbors or the HOA, we hate it and want to get rid of it.

You mitigate risk with no restrictions(HOAs/covenants), debt service, climate concerns, and general accessibility.

And in condos, you can't differentiate so much with the other units in terms of amenities you offer.3) Regulations: first zoning need to allow STR, then the second step (if condo), is the HOA.