Here are my personal issues with condos as a sterotype * High HOA fees * 30% rule - Preventing the number of renters allowed in a building *Parking Issues*Utilities As renting is very important I would not want to rent in an area where the HOA association could limit the ability to rent.

The basic reason is you are able to pay the house first and you are more likely to keep up with maintenance both preventative and repairs if there is money left over in the expense account.

I even had one tenant complain of a clogged kitchen sink and I found that they had poured dry rice down it and when it got wet it swelled and clogged the pipe.

The deeds are recorded just to prevent "losing a deed".

However, is it possible at this point, to see if a deal can be worked out as a short sale to prevent the foreclosure?

However, the attorney involved will often begin to cooperate in order to prevent a formal complaint.

I was advised by a professional that the best option is this situation would be to prevent foreclosure and list the property for short sale.

There are variables that prevent us from giving you a very accurate answer, such as finishes, your city requirements, and local skilled labor costs.

Then tell HOA you had enough time so you took it upon myself to prevent more damage to your property and tenant.

Granted I will have to claim it on my personal taxes but he said doing it this way should also help prevent any issues in the case of an audit and claiming 100% since I technically do go to the grocery store or dinner or what not with the vehicle as well.Again, my structure helps as well being an S-Corp instead of a C-Corp.