Might be better too, so that you get in non-HOA neighborhoods and where investors are more spread out.Maybe someplace like Sanger, Lavon, Caddo Mills, Celeste, Greenville has a ton of options.While they may have sold to or allowed investors to buy, we're seeing more neighborhoods with HOA turn against investors.  

Condos do appreciate, but you want to make sure the HOA is solid and that there are no assessments coming any time soon.

In the Seattle market, condoizing costs around 15K (survey, site plan, recording fees, legal fees, HOA creation and coaching from lawyer, setting up utility sub-metering if required).

I notice that the HOA is quite high for condo/townhouse.

A couple of land investors have told me that after dealing with all the HOAs’ rules, they never want to buy inside an HOA again.

I plan notify the hoa about the current situation.

I’ll be out of state, which I know is a big red flag for many.Well below 1% minimum of Rent/Property ValueHoping to self-manage (Yes, another big red flag)Loss of capital gains exclusionMONTHLY SUMMARYRental Income $3,500Less ($3,440) Mortgage (2,900) HOA (390) Rent Ins (150)Less ($1,155) Property TaxTot Exp ($4,595)Rev: ( $1,095) !!

I’ll be out of state, which I know is a big red flag for many.Well below 1% minimum of Rent/Property ValueHoping to self-manage (Yes, another big red flag)Loss of capital gains exclusionMONTHLY SUMMARYRental Income $3,500Less ($3,440) Mortgage (2,900) HOA (390) Rent Ins (150)Less ($1,155) Property TaxTot Exp ($4,595)Rev: ( $1,095) !!

With an HOA fee of $275mnth thrown on top, which is ROI for that as we get everything exterior covered 100% including lawn, snow, private dog park, hazard insurance, private playground etc.. 

Prepay HOA fees, buy a home warranty, prepay some other kind of service that can go on the alta.