You may want some high cash flow type properties that you would probably also want some properties that are relatively new and in better condition to last you till your retirement.

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you're right, it was a good deal, however, in principal, it's wrong because the HOA is taking advantage of real estate conditions.

Smoking, alcohol or social media (twitter and facebook)?

I have had a few owners insist on a quit claim because they believe that is the same as selling as is, they do have good title just don't want any left over problems, specifically related to condition and believe that is the best way to do it.Of course the others nailed it on the head about quit claim deeds, but once in a while they are useful, divorces, ex-heirs, etc. so don't throw out their use totally.

In extreme drought conditions, you might see these tunnels hanging from the ceiling like ice scycles.

Collection of rents from the subsidy continued, but worked closely with their social worker to file the complaints, which lead to a court eviction.

Particularly if there's not much of a hardship.I've read a few other posts that stated short sales have been done on investment property sans hardship but did not describe the conditions by which the lender allowed this. would appreciate any suggestions or comments

Another slant on the question is are you marketing for tenants via social media?

My non-professional understanding of basis:Your basis is the purchase price, including acquisition costs (except any that may be deductible as expenses in the current year) plus the amount you spend on the property to put it into rent ready condition.