[Biggerpockets] is notorious for the no and no money down niche, but you really need to have a good financial runway prior to investing otherwise you will lose your bottom when it goes sideways.Read all the usual books.

Basements can be notorious for water intrusion.

Banks are notoriously known to have more stringent guidelines and regulations then Privage or HML.   

You have an HOA that help enforces rulesTypically low price entry vs SFH or multisLow Insurance vs SFHLow maintenance vs a SFHNegativeHOA dues they will go up and you have no controlWhen there are issues HOA are notoriously difficult to deal withBuilding Finances are out of your control.

We are "openly and notoriously" telling the world that we own the property and are in violation of the due on sale clause. 

They are notorious for underestimating rehab costs and overestimating the ARV.

3.  203k loans include a NOTORIOUS amount of paperwork, and are often used on properties that would otherwise not be insurable.  6 months is not a long time, especially for the scope of damage you're describing - though yes, I believe extensions are possible as said above.  

Withthe summer months quickly approaching, which is notoriously the slow season formany vacation rentals across the country many are transitioning to alonger-term leasing option- temporarily.

Real pleasure to listen/read.NJ/NY areas, being notoriously pricey, I am trying to see if anyone has any advice for a first investment for about 30K in down payment available.I have been reading about HUD homes as an option, and foreclosures as well, however I’m not sure about foreclosures as a first home investment..Also, due to better pricing in other areas, turn key in another part of the country is intriguing.

Property management companies are often notoriously bad - there are some good ones out there but many stink.