HOAs can dictate the activity within their area they control... like whether you can rent your unit, and a slew of other things... from house colors to when roofs must be replaced and so on.  

Please do not hesitate to share your input as I am hoping to make this list comprehensive and rock solid.Here is what I have so far,Closing costs-Lawyer fee: 100$ -land transfer tax, title insurance: 100$ Estoppel certification, appraisal: 300$ Home inspection: 500$ExpensesMortgage, property tax, insurance, Vacancy rate, HOA fees, property management fees: 6-12% ??

I read through countless articles online, learning about all of the different expense factors, from mortgage to taxes, insurance, vacancy, repairs, capital expenditures, water & sewer, snow removal, yard care, HOA/Coop dues, and property management.

Condo is also last resort, I would much prefer to get a single family home to avoid the HOA fees and possibilities for future renovations/expansion/ADU. 

Thank you.For clarification - These new construction buildings are in a development Close to Disney with a resort like community with a HOA. 

One thing, there is no HOA there, I did a few houses in that neighborhood.

. $1395/month rental income$1142/month mortgage/taxes/management fees/interest/HOA 250/month netI had the bank appraise the property about two years ago so I could get rid of PMI. 

. $1395/month rental income$1142/month mortgage/taxes/management fees/interest/HOA 250/month netI had the bank appraise the property about two years ago so I could get rid of PMI.

For example, some states give priority for water liens or HOA/condo liens over mortgages.

I try to avoid HOAs because the board can always change the rules...always helpful to get on the board if you are in one though!