Buying and renovating a property on the fly can turn into a very expensive proposition no matter what you see on HGTV.  

I would like to repurpose the property away from lodging operations which is not a consistent revenue generating proposition and into a long term land-lease agreement from any industry sector company who will use the building/land to fit their needs?  

HOA's can be a "damned if you do, damned if you don't" proposition. 

This is a pretty scary and new proposition for me and or family so I am looking for advise, books and blogs to read that can offer advise on moving forward and using rental property and future properties as a long term investment strategy.

It seems like some of the value proposition is that you would manage the property.

(And I'd also like to throw into many hair brained proposition that I become a regular personality on the podcast and I have studied television and radio even interning w MTV News)But, hey!

The internet is a hit a miss proposition where everyone has an opinion and advice is given freely with almost no offering of real proof or credibility.Unfortunately most people are looking for the quick and easy answers.

The general tax levy was frozen by Proposition 13 at 1 percent of assessed property value (which is always the sales price).

I say usually not always but usually the bigger ones are.And what this means is they control their inventory have the teams either through sub contractor relationships or actual employees to carry out the rehab of these units.. they then have the management company in house and owned by the same people your buying it from.. this leads to one stop shopping as it were.. for the value proposition you have a rehabbed home tenanted usually at close..

Unless the tenants are going to pay me similar interest, or I really wanted access to equity for some other purpose, what is the value proposition for me to make less interest?