Most will have large scale marketing engines where they spend thousands or tens of thousands a month, and operate or license time in call centers.

Obviously the HOA is keeping values in this neighborhood down because an owner would have a mortgage plus another $715/mo for the HOA, which only covers use to a community center but nothing else.Besides holding costs, is there anything else I should be concerned with for a flip on a land lease? 

I don't know CLE per se (I'm based in STL), but I know the financial side of gut rehabs in urban centers of big cities.

A sage person who responds often on this forum said, "Airbnb insurance is a profit center for them". 

They are pure GARBGE. 3 months after they issued my premium I still get calls from their clowns to sign something and that insurance is not bound....I dont believe they are operating a insurance company, likely a scam artist to be honest  Sounds like this is an issue with their call center/in-house agency? 

I wouldn't bother investing outside of the big city centers, nor buying anything younger than 30 years old. 

You might find a local credit union or community bank that will go to 95 -100%.At one point I called 2 different VA Regional Loan Centers regarding this section in the VA lenders handbook:Assumability - The second mortgage should not restrict theVeteran’s ability to sell the property any more thanthe VA first mortgage.

But either way, it is a fairly substantial number of States and many of which have large population centers.

This targets family’s between homes, either because they just moved to the area; have a definitive time work contract; current house is being rebuilt/remodeled/repaired; students with “rich” parents; recent separated/divorced who needs space for children visits; Houston medical center stays; etc.  

There are lots of lemons in the various center city areas.