We don't need the 200k in the next few years so buying cash would not be an issue.thank you for any advice or guidance. 

There may be an easier way to skin the cat. 

That's not the case across the board and it may simply be an issue where the association isn't aggressive enough in collecting past due balances but I've found that not to be the case most of the time.  

Why am I getting into the field, I hear you ask.Well, my parents are hitting retirement age and are having to work as hard as ever to sustain their lifestyles.Three kids on my mother's side and one on my father's means that I'm not holding out for a massive inheritence (though my mother has hinted that her life insurance pays out more than I would have expected...) and so, as with all things, I am learning to take control.I'm slowly coming full circle, have an interview for a job back in my old hometown and am remembering my dream as a 12 year old was to own hotels, coffee shops and houses.

Make sure you keep an eye out for Azeez K's Atlanta BP meetup events and start reaching out to some local investors directly for coffee.

And yes, rents are increasing in the local neighbourhood.Airbnb could be an option but managing that from across the pond would be a nightmare, plus it's quaint but not touristy. 

Your construction background is very impressive, I'm in the Music Factory area of Uptown Charlotte (not sure if you're familiar with the area yet) but if you ever want to get together for a beer/coffee and just talk shop, let me know I always love talking real estate!

Since you're selling anyways, it may not be an issue, but it sounds like a lot more headache than it is worthSince you are planning to reinvest in additional rental properties, look into a 1031 exchange.  

I know that the people I surround myself with make it a priority to put 'me time' in the calendar.So here we go: take 5 mins to have a coffee and find a picture that makes you laugh but encompasses your dreams.

The IRS does.For example: if someone has an IRA that does 1-2 flips per year (with original intention to flip those properties), and that is the only investment activity of this IRA - the IRS may determine this to be an active business.