Also, I want to know if a property such as this warrants an LLC even if it is my first investment outside of personal use properties.

What kind of mistakes warranted refunds, and what do you consider "generous"? 

Make sure it's permitted, warranted, approved by the HOA, and all that other jazz.I wonder how long it will be before the electrical grid collapses.

Now if these are duds with no real chance of appreciation then a sale is probably warranted.

Quarterly updates are suspended until further news updates warrant. 

For properties like these, the condition and price often don’t warrant upfront financial vetting, and too many barriers can add friction to the process.When it comes to lead times, I agree they’re essential for occupied homes—if tenants are involved, a 12-24 hour heads-up allows everyone to prepare.

Hi Shayan,Rehab projects that involve HOAs can still be very profitable, you'll just want to check in with the HOA prior to signing the purchase agreement to check if the work that you want to do will be allowed, but also to see if the condos are warrantable.

It went to the grand jury and they voted that 3 charges of child rape were warranted, plus the age charge.

OP does not state any reason his unit warrants above average rent.  

DSCR Loans can finance property types that conventional loans cannot (non-warrantable condos, condotels, unique properties or mixed use properties...)Jay was going to say those things as other Ifs i am pretty sure!