Escrow payments are around $1100/mo and HOA is ~$200/mo.

My budget is $550,000 and I would prefer the HOA to be less than $400.

I had several inquiries who were interested until I told them what the taxes and HOA fees were, (About $1,700 per year). 

No HOA. 

I was able to save a good amount of money and purchase a 3 bedroom 2 bath mobile home on an acre of land all cash, that property generates $875 a month, no mortgage or HOA fees.

The neighborhood is nice, quiet, lawns taken care of, no junk cars sitting in driveways or the street, with a small HOA payment monthly. 

Numbers in FL are not looking great with insurance/taxes/HOA fees/etc for cash flow but willing to  focus more on just breaking even (or close to even) and having significant long term appreciation.Option 2: take the cash, pay 20% long term capital gains and wait as market continues to dip for a prime buying opportunity.Would greatly appreciate insight/advice from those much more experienced and knowledgeable than myself.

Say you sell a condo and the HOA subsequently informed you that there was a budgetary surplus on the account.

One thing to note: If there is no HOA, renting out the house by the room, may provide higher cash flow.

. $95 for HOA (uggh HOA is difficult but still useful on certain things).