I'm also considering Plano, TX and it's surrounding cities since a few of our companies here in the Bay Area are heading that way. might be a good opportunity to invest.

@Douglas T.If your condo community is an association then I would assume the Bylaws address the issue of insurance.

As far as I know an HOA board can hold as many meetings as they want but they risk the rest of the association turning on them.

Check out your local real estate investment association.

Stay patient and level-headed and you can find deals some deals now, and many deals when things start to cycle. 

This has defiantly been frustrating.From what I can gather the home owner made a payment directly to the bank at last minute along with paying all other associated court and lawyer fees.

I think you hit the nail on the head. 

You have like 45 days to identify then more to close forget off top of my head the exact days..

It has been 3 weeks but they keep saying that it is a fire /frozen pipes season and takes up to a month.I bought the house for cash 54k back in Nov 2017 so do not have any recurring payments on the house right now other than taxes/ins.I am looking for someone who has gone through a similar experience and to give me some heads up what to expect.My insurance is, I guess, very straight forward type of a deal - 94 replacement cost, 8k rental loss.What can I expect now?

In my opinion there are too many factors involved in an association that could disqualify the property as a deal and many of those things are not feasible to acquire in a couple of hours or perhaps even days.