They also pay for administrative costs such as updating the HOA home owner’s directory, billings and collections, covenant enforcement, routine legal costs, maintaining a web site, posting HOA governing documents on the web site, administrative staff, and other operational costs.

Great guy with knowledgable staff.

Its great to see that you dont let your personal circumstances prevent you from trying to improve yourself.

"A rising tide lift all boats" - by supporting others we improve our own situation.My $0.02...David J Dachtera"Success is not a destination.

It's very nerve wracking to think, us as a household that makes roughly 35,000/year will have to pay back 15,000.Originally enacted in 2007, the Mortgage Forgiveness Debt Relief Act allows debt forgiveness of up to $2 million to NOT be considered taxable income if: The house has been used as the principal place of residence for at least two of the previous five years.The debt has been used to buy, build, or make substantial improvements to the home.

If you go in and make a ton of improvements, you may or may not get that money back.  

Hey BiggerPockets members! This is my first post so hopefully it's not a dumb question! My business partner and I are trying to invest in 4 plexes around our city and want to be able to have a good draw to rent from u...

Our thought is that by buying rental properties, and improving our portfolio we will have a lot better borrowing power.

I don't want to be rude, but I have to learn to cut them off politely.I thought may be having it on the MLS might improve the odds of finding a more "decent" long term tenant?

You see the FCRA is a federal law passed and amended to improve the quality and accuracy of background checks while protecting the privacy and civil rights of all parties.