@Alexander Felice Yeah I completely understand your points I didn't realize you were strictly talking about SFH's since you can technically scale as big as you you'd like by applying the same overall BRRRR strategy to MFR's, Apartments, etc.

Then follow up with the pitch,"I noticed you are getting tax bill for *property I want* sent to *out of area*, would you be interested in selling your out-of-area property?"

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Here in Colorado, I pay the following:$279 for a 432 unit community that has a pool, a clubhouse, an exercise room and pool tables, landscaping and a shared water bill$305 for a 183 unit community with no pool, but has landscaping and a playground$338 for a 120 unit community with a pool, a clubhouse and landscaping.Your mileage may vary, but your HOA dues seem reasonable(ish) to me.

Unless, you buy a condo(200-300k) which I do not recommend because they all have HOAs and are very strict with their rental policies.

My offer would be strictly based on sales value vs rent value. 

I have several recommendations but since I don't know where the property is located it makes no sense to send them.Be prepared to hire an attorney to follow through with an eviction?

@Joshua Lyon  I would personally do the following:1. 

In addition to people following jobs to Nashville we have a lot of retired folks moving to the area.

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