There aren't many renters in the area, and while we all know many great renters that would give you the shirt off their backs, there is a negative stereotype about renters that exists.While there is nothing they can do legally, I like my neighbors, want to have a good relationship with them (they have my number, and would likely text me if the renters are causing havoc, for both their benefit and mine).Have any of you experienced this, or have any tips on how to "break" the news?

But because we voiced our concern and their lack of transparency, they started the rehab work much earlier.

Account Closed, Just be happy it didn't cause any damage to property/people!!!   

To me the real concern is it a "BIG" HOA vs "little" HOA.   

My only concern is the fact that it is tenant-occupied.

Its behind a tree line and stuff so my renters don't even know it exists.A neighbor expressed concern that they would like it to look nicer and expressed interest in this land as a long term lease.

I'm concerned because you mentioned CAP rate.

If you're concerned about holding a property or letting it sit on the market for too long and losing money, consider having more than one exit strategy. 

My concern is someone familiar with the territory might just give me a guesstimate based on when the property last traded Plus or minus any appreciation.

Should be pretty simple as far as you’re concerned.