The first time this happened, the board of directors got an email showing trash everywhere, and HOA management offered to get "their people" out there to clean asap. 

Usually, this is a sign of stability and a preview of the types of people who live in the area. 

The property is only 9 years old so that's why I put only $10k also, they are opening a new company that will employ thousands of people nearby so that's why I put a 6% income growth and only 3% expense.

This is one area where it helps tremendously to have per-existing relationships with people in the industry such as family or friends.

basically if anyone has any tips when it comes to researching plots of land in order to make the right purchase i would greatly appreciate it get with a realtor. we underwrite land at no more than 10% of after built value. in our market we build under the average new build value which is about 515k. we like to be around 420-450k and smaller footprint about 1500 sq ft with attached garages. we build close to urban core where everyone wants to live and net migrations match up. but suburban is fine. if you give more context I can help but in most markets land is a buyers market. most people aren't looking at it or buying it. 

The limit is "three unrelated people" and cousins are not considered related under this code.

I have not done it myself, but have helped some people with financing.

Last time I checked only people who have lost a home are those who do not pay.

@David Overcash I am sure we do know some of the same people.

Some high and lowlights:- I had one tenant that brought German cockroaches in and then blamed it on me- Same tenant asking if her daughter can visit but failed to mention it was 5 more very noisy people- another tenant having constant loud arguments with his gf- tenant saved some of my stuff when the house flooded due to a pipe burst and another time during a monster rain storm.