About me:I have seven years HOA president experience under my belt.

Or vice versa?

Long term goal is very much similar to yalls as well I assume, which is to become financially free so I can spend time with my future children vice working all the time.

That was the reason for me getting Google Vice so they can leave me a message letting me know what kind of house, the details and what area..

Look for disputes about rentals, extra fees, restrictions on rentals.My best .02 tip is get on the board or get involved (I was President of 2; VP of 1)... you learn a bit about larger scale property management and can counter the absentee landlord perception. 

As president of the Ottawa Real Estate Investors Organization, I get to see many speakers.

@Sara HodgeI never been to KC nor have I invested there, I would contact some of the local investors, turnkey providers, and realtors so they can give you a good idea if that city is better than another city. while we all can debate who's city has better cash flow which city has more or less appreciation, I would look for the best team that you can trust in each area and interview them and see if there business model fits yours and vice versa.Happy InvestingDerrick

So you should at least have a plan or know that you are in violation vice just getting blind sided and crying that no one told you.

The exempt transactions include sales by HUD of real estate-owned (REO) properties under HUD’s regulations in 24 CFR part 291, sales by other federal agencies of REO properties, sales of properties by nonprofit organizations that have been approved to purchase and resell HUD REO properties, sales by state- and federally-chartered financial institutions and government sponsored enterprises (GSEs), and, upon announcement by HUD through issuance of a notice, sales of properties in areas designated by the President as federal disaster areas.

While the president may not directly enact tax policy, it is common to submit to Congress a proposal, which is where having the majority is beneficial.