And puffing ( again not saying he is puffing) is very common in RE.

@Jason Tucker  you need to add in your utilities, common area cleaning, and turnover costs to determine if it makes sense. 

I use this for tax and insurance which all properties have)Expenses (general business like admin/legal and by unit for repairs, trash, utilities...)EBITDA (earnings before interest/taxes/depreciation/amortization.

Quote from @Eamon Conheady: I was purchasing a multi family through an IRA LLC and was utilizing debt to finance it, requiring a non-recourse loan.

I’d love your insights on how best to utilize my LLC in this process.

Just use common sense.When you get a request that asks if it is available when a quick look at the calendar or the inquiry show it is available then you should be on the look out.

The important things to consider about HOA fees is that they usually include some utilities: Water/Sewer, Trash, sometimes shared amenities like gym, clubhouse, pool, and they are saving you the time and headache for property maintenance: lawn care, tree timing, roof, siding, etc.

If they are on the deed, the property is owned as 'tenants in common'.Is there a tenants in common agreement?

Then there are the challenges with Section 8 tenants paying utilities and taking care of their rental property.

It is not illegal as long as they aren't hidden and aren't in bedrooms or bathrooms...I have two in the common areas.