The downside is that you will no longer be in the cash poor club of which I am currently the president.

I took over as an HOA President in a run down 20 unit condo complex in Phoenix Az just outside of the Biltmore area.  

I was an HOA president once.

The interest in the trust can also be exchanged as if real property.The THTrust has been used by Henry Ford, Al Capone, Disney, our current President and by Educated and Knowledgeable Agents and Investors all across the country.The question I get most often is...

The results—labeled “satisfactory” or “unsatisfactory”—get shared on the company’s internal network and are used to keep tabs on all of the roughly 2,700 homes Starwood Waypoint owns in the Atlanta area.On a recent visit to a suburban Atlanta home that Starwood Waypoint owns, David Zanaty, a senior vice president, walked into a four-bedroom home available to rent and glanced at his smartphone.

I have talked with their president and VP and they seem to be great guys.

He and the board president are friends so the board crafted a transferable lease for that spot to that particular owner. 

Here in the valley, one idiot HOA president was just outright using charges from the reserve monies for his vacations, and other personal expenses. 

There's three single family homes all in great condition and much nicer than the apt buildingsI'm meeting with a bank president (family friend) tomorrow to ask general advice and discuss the deal.

@Farouk El KhatibCheck HUD homes owner occupant gets first crack.Local banks have to report annually how they invested in the local area under the Community Reinvestment Act.Call the Chamber of Commerce President and ask who they like in the local banks use the presidents name drop when calling the referral.If you deal with agents try to deal with the listing agent who is in direct contact with the owner and will get full commission.Paul