If you plan to rent out your Townhome make sure you are familiar w your HOA rules concerning renting out your home so you don’t run into any surprises ..

Just don't forget HOA's and double check to make sure you can rent them after you leave. 

My Adjust Equity if sold(Removing Extra Principal Payments over past 2 years), $26689.00My current Return on Investment ((Adjusted Equity))/(Closing Costs + HOA + Interest) is 19%.Rent: $1100 (Range is $1095-$1175 from research and property management assessments, $1100 conservative)Monthly expected expenses: $879.34 (This has Loan + Taxes +HOA+Landlord Insurance + Home Warrenty included)Annual Taxes + HOA(Covers all External including Roof) :  $2,939Monthly Maintenance: Due to being new (and External + Roof Covered) - I plan on getting a Home Warranty to cover inside appliances ($456)I have used the warranty company before and had great service. 

An HOA it's a deal-breaker- unless you can scoop a property with a killer price.   

.- HOA abilities: the HOA wields a power that is unnerving at times. 

HOA fees suck, but at the time a condo was all I could comfortably afford.

HOA (if condo) at least $3,600/year.

Condos may drop in price and be really affordable, however, that may be because there's an issue with the HOA, and assessment has gone out all sprung from the HOA not being able to afford it's budget because 30% of the owners have stopped paying their HOA fees.

I had consulted with a large bank on an HOA loan, and they desired about a 12k down payment.

I was wondering if anyone had any experience in acquiring properties via tax lien/deed auctions in SC, also are HOA fees only a Myrtle Beach thing or is that more or less statewide?