Depending on the demand in the area a 2 bedroom might be hard to rent but it wont be if you lower the rent.

And, you wont have to go through a third party.

That is my deal on whether to get a license or not because if I can get a license and pull comps myself on the MLS then I wont have to pay someone and wait on them for my results.

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that's still high in my book, but then again, i am used to dirt cheap prices.btw, unless you are paying cash, more likely no bank will give you a loan. i was denied a loan because of a repaired crack in the basement. no leaks, nothing. they wont give you a loan if the hardwood has buckled due to moisture.

Yes properties in a bad area with Section 8 tenants will cash flow better (and I assume that's what you're looking for, since appreciation will be zero), just remember that bad areas will generally attact less desirable tenants who may destroy your property.

Most tell me about the headaches of dealing with tenants and how they'll destroy everything I worked hard to fix and update.

First off, you wont be getting a discharge from the HOA lien on your condominium through bankruptcy.

In fact, we passed on a deal because we thought we wont be able to get a good enough price and someone else bought it and fixed it up to get 20K more than what we thought it would fetch.

I dont understand why the Association wont sign a release (notwithstanding the statutue you provided).