On your expense projections that is HOA fees and when the HOA will raise them, or when they'll levy an unexpected special assessment, or if they'll vote to amend the rules and restrict or ban your right to rent your condo...

They will go after wage garnishment / bank levy etc.Before taking your case on and spending time they will want to see the file of your former tenants.

Routinely bad properties levied?

Levi T.I know the uphill battles of collecting a judgment, but that is really not what I am asking. ;)They are "low hanging fruit" as I know enough about them to collect.

@Levi T.

Unfortunately the deeper I dig the more I find little gotcha's like Washington states excise tax on real estate sales.  

In WA state, we have to pay excise transfer taxes equal to 1.58% to 1.87% for every title transfer, even if it's for 2 seconds.  

This tax is much easier to levy than income taxes because it can be blamed on “the system†or external factors that aren’t immediately traceable to vote peddling.

Yes, that's definitely against the rules and yes penalties can be levied.

Many of them believed that that taxing land and housing, rather than income is the key to a fairer economy.Henry George, one of the most famous tax theorists in history, argued that land-value levies should replace all other taxation, leaving labor and capital to flourish freely, and thus ending unemployment, poverty, inflation and inequality.