Local RE networking events could be a great place to meet other investors or operators.

@Scott Costellostay local. 

One needs to have outstanding local market knowledge to underwrite effectively. 

Also confirm if its a planned community sometimes they have multiple HOA (master and local) that this can fall under. 

From updated tenant rights laws to shifting zoning regulations, staying compliant can feel like a moving target.

We affirmed the absolute rights, set forth in your State’s LLC Law, for ANY Member to request copies of the three most recent years Federal and State tax returns issued by the LLC. 

The manager doesn't determine what they do and don't like, they 'manage' the HOA to comply with the law and guidance from the Board.

I recommend you discuss and plan this in depth with a local lender who knows your market well. 

I spoke to local owners who have been audited for increasing rents without there permission and they had to pay back the difference!

You want enough so that a potential law suit would go away if the insurance paid out.Best thing is to highly maintain your property and treat guests with respect so that no one would ever want to sue you.