I would like to believe, whether I agree or disagree, that our president always believes their policy will have economic benefit.

I also became the HOA President to help make sure it stays that way lol.

Greetings BP,I have been running numbers and looking into renting a single rooms to college students vice entire homes to families.

You could be the president of the board, and handle all of the business of the association, file taxes, handle common area expenses, etc.You'd get your money now; but, you'd pay for it later...you no longer control those units.I'd rent.

We recommend you do as much of the due diligence as you can on your own but to get it to the next level you're going to need a Feasibility Study especially if you bring in outside capital (whether that is a bank or capital investors).We also had Buster Owens, president of Rabco, one of the leaders in building Self Storage who you should reach out to. 

Another big one is that, in general, you personally cannot benefit from actions/investments made by your IRA (and vice-versa).It will be hard to argue that you didn't personally benefit from the IRA sale or that the IRA didn't benefit from the intermediary sale to you.

You need to fix it.If the president of their bank took all the money out of their account and ran off to Mexico would they still be liable for paying you?

A lifetime of good decisions can be taken away with 1 bad decision and vice versa.

Not saying these other areas won't experience growth (I guess I'm also a big perma-bull, Steven), I just think Garfield will have quicker and higher returns.I know this goes against my "observation" only criticism from the original post, but to be honest I'm still very new to the field of real estate and I'm looking to use these kinds of posts in order to start discussions so I can learn from local area experts and/or newcomers like yourselves (and vice versa you learn from myself and one another).

Seems to be coming from 1) travel nurses 2) people who live with older family members and need to quarantine after a trip somewhere before coming home and 3) college students or young professionals who moved home during the pandemic but now are either totally sick of being around their family or vice versa ha.