I don't expect the King's English and perfect punctuation and capitalization, but can't we at least read our posts before we post them?  

But here I am looking for clients to work with in  purchasing real estate, so it made perfect sense to become a realtor.  

What your saying makes perfect sense.

I agree, if you are already getting top dollar why put more money in and not be sure if you could rent the units for the higher amount.I know the feeling because I bought a duplex and I have to remind myself it is an investment and although I live in it, I don't need to make it perfect.

This site is the perfect place to start!.

Interesting thread.The concept of why the owner occupied tax status is not lost makes perfect sense as explained here.However it makes me wonder about the opposite situation where it is a non owner occupied home.I've read many times that if the seller carries the note that one of the advantages is they get to spread the gains over time.

Thanks for the response @Ellis San JoseAs for that letter I am not an expert in this area at all so I would like to find that "perfect" text to get MOTIVATED calls.I'd think that you would want to indicate something about buying "As Is" or being able to close fast or something that would at least give a hint that you didn't just walk by the house and fell in love with it.That is more or less what that other letter sounded like so not shocking that there were a lot of calls, from people thinking they could get full retail (or above) for the place.

David -Everything you say makes perfect sense...The situations where people I know tend to prefer HOAs are communities where there typically aren't any rental restrictions and where there typically aren't many rentals because the home values are well above where it would make sense for most homeowners to rent out there properties.For example, $500K+ communities in areas where the typical SFH would sell for less than $200K.

@Kelly Williams ,They gave you perfect information to think about.

Congratulations @Bob CYou can say something I can't "I've made money on every investment deal I ever done" I hope you continue to have a perfect track record - Ned