These are paraphrased for brevity:- All rent is deemed a security for payment to the association for all assessments due by the owner.

All the comments and your progress so far are truly encouraging ☺ Thank you for sharing keep up the good  work and congrats on the baby.I'll be my son within a couple weeks.

If that's the case I'd take a step back and make your own independent assessment.

Saw this deal come up today.3BR 1BA CondoPurchase Price: 65kTaxes:$4,406.00CC:$182.00Repairs: 3k (looks in excellent condition but minor updates needed)Confident I can rent in 30 days for $1,500.00 a month after looking at comps.Came up with a cap rate around 16% w/ 900+ in cash flow.Do not believe there are any current assessments in the complex.

Assessments.

But, that's based on an assessed value of $114,000 (2012).

Look forward to seeing posts about your progress and success in the near future!!

We have a 60 day due dillegence period and plan on hiring a local property mananement company to perform an independent assessment of the property.

Good luck, keep me informed of your progress.

I tried looking on our county's appraisal site but it only displayed the tax assessed value and not what it sold for.