Look forward to helping you navigate the waters, and hopefully helping each other do some business together.

Yes, they do have HOAs, but HOAs help you maintain the building and generally pay for water/sewer/garbage which you pass on to your tenants.I have been investing in condos personally for a few years now and have seen prices skyrocket.  

But after testing we discovered the water out of the tap (due to lead solder) and the dust in the yard were at superfund cleanup levels.  

And BART across the water is really not that bad.

On my house in Lower Queen Anne I have put money into it and brought it up to date (new flooring, new furnace, new tankless water heater, new windows, new counters, etc.).

Our force appreciation play will blow out of state cash-flow out of the water by a mile. 100% ROI within 2-3 years is quite easy to achieve with minimal efforts.

The question is, will the added expense of filling in the pool blow your numbers out of the water?

McLennan CAD Property ID:xxxLegal Description (partial):xxx Block 3 Lot 4B 5 Acres 0.2083 ADDRESS: 2222 xxxx Ave.Waco, Texas 76706-2906DWELLING: The house and outbuilding(s) located at the above addressSELLER:Maria S xxxBUYER:Waco House BUYER, LLCTERMS:$xxx CashTerms and ConditionsSELLER warrants there are no outstanding “fix-it” letters or letters of demand for repairs, code violations, hazardous conditions or red tags from the city, county, or any other government agency.Offer is contingent upon BUYER being able to obtain a standard fire insurance policy.BUYER agrees to waive standard lead-based paint and asbestos tests required for older properties—years built from 1938 to 1952.SELLER warrants DWELLING is “hooked up” and serviced by city/county water and sewer providers.BUYER has observed marginal condition of roof on the DWELLING.

The water went down to the basement from the kitchen ground and the ceiling of the basement was completely ruined (I finished the basement not long ago).

There's a 6 acre lake in a newer subdivision in Johnson Co  that receives the storm water.