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?

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

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

Then 2008 happened and the other half never finished and we were left with HOA fees that were doubled when all was set and done. 

There is an HOA and it is my turn on the rent list.

I've also had to stay on them every month to maintain the yard work (kept getting HOA letters with heavy fines accruing every month.

@Josue Vargas  Thanks Josue, There are not any HOA regulations but I could probably spend $100 a month on yard maintenance which could cut into the cash flow.  

I find that townhomes and condos are slightly worse on the cash flow than SFH due to their HOA fees, but I do not believe it is as big a difference as many investors believe (in part because I believe maintenance/cap ex is higher than many investors believe and condo/townhome HOA typically covers certain maintenance/cap ex expenses and due to scale can likely get better costs than small unit count owners).  

A side by side comparison of different HOA neighborhoods with touching boarders can reveal this.

@Jason Nguyen Is there an HOA involved?