@Matt Schreiber you won't find any Class A or B properties that cashflow - whether SFR or MFR.Price & interest rate increases have made it very difficult - unless you find something off-market BEFORE an agent or wholesaler finds it.

Does the law require an agent/principal to do something over and above what you'd normally do if you were only principal?  

Quentin, build your knowledge, make sure all this is done correctly.Banks rarely call the loan just because of the deed being transferred, something else triggers this, mostly because the investor decides education is not worth the money.It can be because the Insurance was not done correctly, the seller does not understand the process, the Title Company does not know what to do so they call the Bank and make a mess out of the process and a few other factors,If the investor is knowledgeable on what to say to the Bank if they call this is a fairly simple conversation to have.

When that happens, it becomes a race to the bottom.I'm not saying don't invest there, but be extra cautious and maybe look for something that makes it unique.

Something is missing...if there isn't a Board and the HOA (or I assume more likely a COA) is newly formed then why isn't the developer still in control of the HOA?

I don’t consider myself a newbie however there’s always still something I can learn. :-) I don’t have a coaching program I’m selling either.A little over a year ago, I started a thread about who was investing in their health.  

It would be a good idea to assess your tolerance to risk and then plan something like that, but using a heloc is going to be around 9-11% in this market so to pay something off with lower interest rate to borrow more might not make much sense.

I am considering something similar, the wife is hesitant.  

So I would like to get these things hashed out well beforehand as something to present to potential clients and have procedures for my company.

the market is difficult right now and it's going to be the patient that succeed.and on syndications - not something i invest in, but there are a ton of good threads on BP on them and what to look for.