Really, anyone considering investing in flooded homes has to have an idea of what the future value will be and my question via a recent post; Is a flooded home forever worth less than a rival that did not have water in it?

In the beginning all exit strategies were available but now weighing them out it appears as though any of these would have a larger loss than the one I'm about to absorb. 

What ever you do, get one general contractor (who can get subs if necessary) to do the work.

I don't have personal experience with a HOA ever lowering dues back down but then I never experienced such a large increase.

Curious anyone's thoughts on this topic and how management works for a larger plex. 

Our plan is to fix up the smaller one right away so we can start renting it out ASAP. then move onto the larger house which we will renovate and live in until we finish building our own home elsewhere.

@Laurette Saint  - Absolutely no sarcasm or disrespect ever intended.

Some of the larger firms in downtown Atlanta do, just prefer not to go that route if I don't have to.

Our plan is to fix up the smaller one right away so we can start renting it out ASAP. then move onto the larger house which we will renovate and live in until we finish building our own home elsewhere.

If you want to participate in passive income streams thru larger MF, you can also get involved in partnering w/experience players that are 100% focused on acquiring, re-positioning and eventually selling larger apartment communities.