After the housing crash, my long time tenants moved out and I was moving off to grad school, and I could not sell my house (I was way underwater on the mortgage), so I ended up renting it out.I only recently got above water on that house, and it is not the best investment property, but I'm keeping it for now since it is finally generating a positive cash flow.I've recently come into a lot more money (self-employed), and am now in a position to buy even more properties, but I want to do it right this time.

Once you find that out, call up the HOA management company or the HOA number if it's self-managed.

I'm im palm beach county my self and looking to do the same.

My account just put a damper on my plans to fund a Self Directed IRA this month with a 2015 max contribution, and a 2016 max contribution in early Jan, and to take those $13,000 to invest in a flip project I'm working on.

We self manage which helps on the costs and are able to keep our vacancy at almost 0.

There are a lot of defense contracting companies which bring in interns so I think that would help the short term housing as well.

All of which we self manage from all over the country.

These include the self-employed and commissioned sales people with excellent income, credit, and an adequate down payment.

My question is, will it be a better decision to put 20% down on the property I purchase in order to avoid PMI; or to put 5% down and use the extra cash to potentially line my self up for another acquisition in the near future?

You could argue anticipatory repudiation, in defense, if needed…You would want to include an exhibit to your complaint demonstrating the tenants intent, in writing, and supply a very detailed and complete declaration.