The Assessments levied by the Association shall be used exclusively for payment of Common Expenses including, without limitation (i) the upkeep, maintenance and improvement of the Common Areas and other maintenance obligations set forth in Sections 10.1 and 10.3 below; (ii) maintenance, repair, replacement, and operation of rights-of-way and easements within or immediately adjacent to the Project (e.g. landscaping and sidewalks within the right-of-way of adjoining streets) to the extent that such actions are required by government entities or deemed appropriate by the Board, (iii) promoting the recreation, health, safety and welfare of the Owners and other lawful occupants of Lots within the Property, (iv) payment of property taxes for the Common Area; (v) insurance premiums; (vi) legal and accounting fees; (vii) management fees; (viii) charges for utilities and other services provided to the Common Area by the Association, if any, and for all utility charges paid or incurred by the City and reimbursed by the Association for street lights in the Common Area; (ix) costs to maintain the entrance features, including any electricity, landscaping and irrigation expenses associated therewith; (x) the performance and exercise by the Association of its rights, duties and obligations under the Project Documents, and (xi) maintaining any Stormwater Control Facilities located on portions of Common Areas to the standard required by the governmental entity or agency having jurisdiction over such areas.

However, my loan was an ARM, and is currently at 5.5%, but will be resetting within the next year to market rate.

I found a lender who offered rates that seemed too good to be true (6.125% 7 year ARM) but found him through recommendations from others who have used him.

All-in-One construction loan, too.WellsFargo 60% LTV Up to 5 properties.Workers Credit UnionMA 80-100%WSFSup to 70% on rentalZions Bank, UtahNO: TruistCredit Union of Texashttps://www.cutx.org/home-equity-loans/helocs WAFD, Frost, Trustmark"}" data-sheets-hyperlink="https://www.cutx.org/home-equity-loans/helocs" data-sheets-hyperlinkruns="{"1":6,"2":"https://www.cutx.org/home-equity-loans/helocs"}{"1":51}">TEXAS https://www.cutx.org/home-equity-loans/helocs WAFD, Frost, TrustmarkHigh primarynot investment, HELOC:Spring EQ 97.5% and fast, at 11 daysForeign nationalCivic 80% LTV for cash out. 5/1, 7/1 and 10/1 interest only ARMS. 1 to 2 year bridge loan.

We invested $62,000 in repairs, which included fully updating the property, finishing the basement, and installing egress windows for safety and added appeal.

Save up for 3-6 months' worth of mortgage payments, property tax, insurance, and upkeep costs as a safety net.

Is it the one with both the guy's arms over his head?

@Chris Seveney any recommendations for someone with some experience but trying to get theirs arms around systems and processes to scale their portfolio?

Both of which treated us and our guests as promised, and in-keeping with the same policies we held with Evolve. 8)Both VRBO and Airbnb have always held quality of experience and safety FIRST, however Evolve "pimpish" practices are simple out for the quick and easy buck despite putting owners, their properties and, respectful guests at risk.9) With Evolve all you get is shoddy, wide net marketing without any vetting.

The comfort and safety of rental cash or dividens when you won't need it for the next 30 years is wasting opportunities to grow faster.The benefit of no mortgages to keep track of is nice, but near 20 years later, I realized that simply putting it in the S&P 500 would have netted way more in net worth today.