I'm not saying it always turns out bad, but there are numerous issues that can arise that are not worth the arrangement.

Ive been to HPD Section 8 office numerous times in person telling them all the incidents and all they seem to do is defer me to housing court. 

  - Handling the construction draw process (without using a third party service to facilitate) can be super cumbersome and difficult to understand to most lay PML investors.

@Taylor Chiu  I currently work in the healthcare field and did home health for a while and saw patients in numerous ALF's in SFR here in california. 

Well, first and foremost, WE MUST STOP FACILITATING IT!

If you're applying for a Conventional/FHA/VA/ or USDA loan, then they will do a "global cash flow" where they take into account your PITI (Principal + Interest + Taxes + Insurance (hazard and flood) on all properties (second mortgages included), HOA payments, car payments, student loan payments, credit card payments, and installment loan payments in the numerator and your gross income in the denominator.

To provide value to sellers by offering fair deals and facilitate transactions that benefit both parties.

There is massive investor appetite for cash flowing properties.We do things a bit differently though where we source the deal, sell it as-is, and facilitate the rehab while the investor funds it.

Here are some of the responsibilities.Financial Management:Overseeing the HOA's budget and financesCollecting dues and managing delinquenciesMaintaining financial records and generating reportsCommunication and Administration:Acting as a liaison between the HOA board and residentsDisseminating information through newsletters and noticesResponding to homeowner inquiries and concernsScheduling and facilitating HOA board meetingsMaintaining the Community:Overseeing maintenance and repairs of common areasEnforcing the HOA's Covenants, Conditions, and Restrictions (CC&Rs)Managing vendors and ensuring adherence to contractsSupervising common areas like pools, gyms, and landscapingOther Responsibilities:Planning and organizing community eventsHelping to resolve disputes among residentsStaying compliant with local and state lawsThe PM doesn't go on-site is very weird, it's called Property Manager for a reason, to oversee the property. 

You seem to have a lot of competition in your field, but you keep plugging along.I've bought numerous homes on the private market, and I wouldn't have it any other way.