I have done well teaching others (in my Army units) basic portfolio allocations and finance concepts.

The partnership agreement should mention items like allocation of income/losses, expected winedown of partnership, each partner's rights etc.You should then reach out to an agent; it appears that one is recommended to you.You should then communicate with a portfolio lender.

Do they get allocated from the authority once they are registered with them or they provide a free advertising platform for landlord to advertise their house and wait for any section 8 renter to contact them?

To explain, the question I ask myself is will the time allocated toward the job maximize my utility and allow me to reach a level of success that can't be achieved without it.

Even though the lien is now foreclosed (so it is no longer a lien), I'm betting that the HOA's asking price will include some amount to it to cover the payment of that past debt obligation allocated to that unit.At tax sale, I can't say, since this practice is very local, and you have to talk to somebody familiar with the rules in your area.

Once you know the FMV then you can gain an understanding of how much of their $5k will be allocated to down payment.  

Do you follow generally accepted accounting principles, do you allocate expenses to properties owned.

I have seen turnkey providers that do not allocate anything for cap expense with various rationale. 

Hi Christopher,The numbers on the deal will be what ultimately determines the value.I don't think condos are often a good deal as a rental (but can work for flips).HOA fees for scheduled reserves towards replacement of all common area items plus mgmt and ameneties, plus the chance for special assessments if someone messes up with projections are not the best way for someone making money with a rental to allocate funds.You will also deal with hostility from the HOA that probably doesn't like renters.Not all are bad deals, but approach HOAs with a bit of caution and lots of research if you decide to go that way.Best of luck!

I also recommend that you read books about time allocation.