We wanted to eventually use this land for short and long term rentals and it would take much money and time to make that happen.

@Sean Conroy, this really depends on two things: first, the land zoned in a way that you can subdivide and build more units (question for building/zoning department) and second, financial returns on doing this versus using the capital to buy.New construction certainly has its advantages on the operating side, and can often get a premium to remodeled, older units.  

Long time listener of the podcast.

I innocently (this is my first property) gave her a notice to vacate and gave her 30 days until 11/5.

Hey @Anne Christensen - Having been on both sides of real estate meetups (attending and hosting), I can tell you they're absolutely worth your time if you pick the right ones. 

I got into the industry primarily to learn about real estate investments specifically long term rentals/ the BRRRR method so when it comes time for me to do my own deals I have the confidence and knowledge to do so.

If the hoa is foreclosing you probably also have taxes to pay and the first with default interest and late fees can be significant

Remember that interest rates are variable, so they can change over time. 

Hey Biggerpockets fam, first time homebuyer here I would like some opinions on if buying a house at almost your max buying power is to risky. 

Agent says this happens all the time.