@Brent Coombs I don't know you and you don't know me and I would like to think we are all on here because we want to give information of value and from time to time receive information of value. 

THe income looked as if they were receiving their monthly HOA fees but the end had a negative balance.

I want to grab it as an investment prop.

I attended the FHA home owners education class and received the certificate of completion, so I am working with the lender on the 3.5% down and down payment assistance, so I have less money out of pocket and can focus more of my funds on renovation and increasing equity.The properties I am looking at either have basements that are finished, or basements that I can finish myself to rent out separately either on a month to month basis, or as an AirBnB, or they have detached garages that are big enough to convert to a studio, or AirBnB. 

The use of debt-financing also introduces a tax known as UDFI on the percentage of the gains the IRA receives based on the use of the non-IRA (borrowed) money. 

Many would be receiving some financial assistance from their children as well.

I had actually received a response from @Brandon Turner after my post regarding this option and he did inform me that this option for reanalyzing a deal from a previous report is indeed an option for Pro Members only.

Then a couple months after we moved in, we received a letter addressed to us the new homeowners from the city saying that they had re-evaluated the home value and lowered it to a certain amount which ended up lowering that year's taxes by about $1000.

BP community, I have found a person who is willing to do private lending for my first fix and flip. The individual is going to fund 100% of the purchase.  From there I'll be funding the rehab.  We have already negotia...

@Matthew R Crawford So this post grabbed my attention as i'm a beginner in the real estate game myself.