Not a position anybody wants to be in, but he apparently doesn't disclose that.There are ways to do this much more safely, but of course, you need proper training and to be told what to avoid.It is predatory.

In my devious mind, I thinking like you that I hire a parking attendant, install gates and charge an entrance fee if I bought it. 

Make sure to include proper disclaimers. 

Termite protection installation fee11. 

Imagine if he does a perfect install job, but the unit catches fire anyway?

So, they got taken advantage of.4) They didn't do enough research on comparable properties before doing repairs - so went either overboard or slumlord, instead of properly Maintaining to the Neighborhood.The other challenge we encounter often is investors expecting perfection.

However, once a portfolio is properly diversified in a rather small number of different investments, the portfolio has reached maximum risk aversion by diversification.  

Sounds like its time to sell since the HOA fee just doubled which usually means the HOA has not been managed properly and failed to build a strong reserve account.

Here's a few examples:Does the lender release for materials on site or do they have to be installed? 

Even smaller repairs like painting and rebuilding decks, stairs and installing new garage doors require spending alot of money.