Vet your General Contractors and independant service providers ...i.e.

(helps with financing)I'd look to see the minutes of meetings, it's a non-profit, they should be public.Minutes may indicate the number of votes, that tells you how active others are in the HOA, some never show up and the board just has a free hand, it gets political, I don't care for that, activity is much better as it keeps board members accountable.Only other real issue is maintenance contracts, are they independent or does the developer remain on the board and have maintenance contracts you can't get rid of?

When studying case law and precedent, it's clear that the IRS will view each individual deal you do independent of all others to determine it's own taxation.

Ask the seller and have a full slew of independent inspections done. 3.

Happy Independence Day! 

Can you independently research the cost increase? 

Comps are reviewed by our own team, not just by the operator, using independent sources.

Discuss with your roofer, independent of him, what is happening and why, and if your roof is presenting a problem given your gutter.

In other words, do you want to focus on doing transactions or do you want to focus on creating a entity larger than yourself that has the ability to generate income independent of your full-time participation?

@Peter Grosso I think the next market you should invest in depends on what you are looking to achieve from your investment, and what is your short term and long term investment strategy.