What is it you feel you're missing that he can provide for that fee?

The money moves to the largest corporations and banks tighten lending which brings home prices down OR2.

In future years’ budgets, the association should consider budgeting for an Operating Contingency (funds not earmarked for any specific expense) or should consider creating a line item specifically to fund Prior Year Equity in order to bring the balance into the 10-20% range.If the board doesn't know what it is doing financially then they need a management company that does along with an accountant that understands how HOA's work.

Feel free to message me anytime with scenarios.

With limited cash, I feel this is my best strategy.

Please feel free to reach out to me directly if you have any other questions or if you just want to discuss. 

. :-)TLDR: if you want to feel good get a 5 year warranty for 10% of the price after you save more than that in the purchase.

It's in rough shape and I am going to renovate it to bring it up to max value before I refinance it (brrrr strategy). 

Feel free to share your experiences and insights as I am eager to hear from those actively involved in the market.

From there, you'd have to figure out exactly the sizes of the homes you want to bring on the land and how far you want to space them out.