I would remodel this to a high standard with really nice finishes to attract better tenants.I am buying it sight unseen and I am a little hesitant about the area.It's on NW 45th St, Miami.The purchase price per square foot is a mere $65, which is well below the current market average, even for the area.Are there any Miami locals who could chirp in with their opinion on this one?

Fees for violating the CC&Rs or any resolution must be "reasonable," and $2k for merely failing to provide a copy of your privately held contract with the renters is NOT "reasonable."

Instead I would look at it as merely an expense and start investing elsewhere like you are thinking.

A contract is merely a written agreement.

I merely attempted to bring to your attention the tone and disinformation that was being perpetrated in this particular forum.

The aspirin bill was a joke, obviously that went over your head, and I merely stated that an area of such high taxes and lower rental rates is not condusive for cash flow.

We retain no ownership of any article submitted to the article directory, and merely provide a forum for people to get visibility for their work.

Just goes to show you that to some systems and laws are merely new challenges.

Because of this philosophy of investors deceiving contractors into believing they were the decision makers when they were merely wholesalers.

You need to get an agreement signed by seller showing you are merely assisting in marketing the home and are charging a commission or some other contract protecting your interests.