This means that not only do we lose the unpaid assessments, but we may also owe the management company the continually increasing pile of late fees. 

By the time he covered eviction costs, lost rental income, and re-renovated after tenant turnovers, any potential gains were erased.Seven years later, his properties had appreciated to about $130,000 each—a 62% increase on paper.

I don't have your answer, but I do want to let you know my concern.  

If you are open to value add strategy, small multis have potential for not only traditional forced appreciation but also the ability to see major rent increases.  

This keeps you from cutting corners or hesitating on necessary repairs.7.Stay on top of rent increases & lease renewals.

Do the schools have increasing or decreasing student enrollment?

That the rent increased?

Assuming you go the HELOC route, another option to reduce your costs assuming you have decent credit is to look at credit card balance transfer promotions.Back in 2003-2004 I had HELOCs on my investment properties and interest rates were increasing.

24 hrs maybeAlso noticed they were a member since 2025 - and no feedback.I am new also but their lack of response and cryptic message was a bit concerning…so I sent it to spam.Thanks for your input

Any impending Insurance coverage or increases?