There is some type of restriction on the number of members and often they must be family members or other limiting factors enclosed. 

The Commission spearhead a joint effort with the North American Securities Administrators Association and the Financial Industry Regulatory Authority to ensure coordinated State regulation and adoption of measured regulation that is transparent, responsive to the needs of small businesses for capital, proportional to the risks to which investors in such offerings are exposed, and capable of early implementation and ongoing enforcement. 4.

I also put in a number for property management...you may plan to manage it now, but for me if it does not CF when you factor in prop mngmt I stay away.

At the end of the day, the numbers are a factor most certainly...but I've walked from pretty numbers that my gut said were going to be ugly, and I've also grabbed properties that for most would have been a no go because I was content with the appreciation and depreciation while I waited for the cash flow to get juiced up a bit...so it really depends on your goals. 

Looked in to tax liens awhile ago after reading the 16 percent solution but did not find anything quality to invest in as they were unbuildable lots and I found 16 percent was not factoring in lawyer fees which was at times more than the actual interest collected.

Then what factors can i do to add the value to my condos unit without the HOA help?

I  was exposed to a interesting Idea on our 102 unit.

That will cause almost anything to fail and wear out far faster than normal, probably void any warranties, plus will likely create a trip hazard at doorways and perhaps unsteady walking conditions across the expanse of the flooring, which would be a hazard to health and safety in itself and expose you to liability if someone were to get hurt as a result. 

The type of property and type of deal will be the two biggest factors in the type of financing you can get and where to get it.

You may have real estate worth $1M but when you factor in the mortgages that have to be paid off you are left with a small percentage in many cases.