Dear all,Kindly Recommend best NON HOA zipcodes to buy homes for room rentals in DFW area.

Both have their pros and cons, urban areas are great for cashflow however the quality of the property might not be as good and suburban areas are great for quality of tenants and perhaps quality of properties however overall they are more expensive which would reduce cashflow and your target audience is reduced.There are many other factor involved as well, such a your job distance, HOAs, Airbnb potential, etcEither way house hacking is a great strategy

We continue to save but what i have learned is it is not only expensive, but HOA's rule up here.

For one thing, I am the member of the HOA, not the tenant.

However, did you include your operating expenses (capex,vacancy,prop management, hoa etc) in your analysis?

With the new rental resolution put in place, I’m looking for other investors and owners in this complex to have a meeting and discuss possible responses to the HOA and Management company.Thanks

I have been a property manager for apartments and HOAs for 5 years and I have worked in hotels for 3 summers in college.

There can be some other stuff like property taxes and HOA fees.

I purchased a HOA foreclosed property through our counties judicial online auction in March of 2019.

Mortgage is $620/mo plus $250/mo for HOA fees.