Depending on how long the prior owner lived there they may change very little or they could more than double.  

If you average a 3-year old and you accidentally get 75% or worse losses of funds for18 months of purchases, it wipes out any prior gains. d.

You have a ton of great experience that will make your REI journey a little easier.I always recommend ensuring new REIs have high cash flow income streams in place prior to pursuing rentals.

Next, ask them if you can inspect the property for any damage prior to agreeing to the payment amount.

Yes, there is an argument made that they have to disclose anything material, but that is subjective.With that said, a red flag that came up recently for me when investing out of state was when I was in escrow on a property that was purchased just a few months prior.

Here's what I would do or instruct my attorney to do. 

having been a Broker for 45 years I am all for paying the commissions  but add on like this not really unless its fully disclosed prior to working with them and we agree on it..

If the prior landlords confirm he was fine, I'd rent to him. 

Answer: No, buying an STR doesn't change the nature of historical passive losses on other LTRs you own and carried forward from prior tax years 

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.