In came legislation and HOAs to issue fines and beat you senseless with rules to prevent any real profits.

See, the problem with commingling your retirement and personal funds to make an investment is that the IRS could easily argue that the transaction violates the IRS self-dealing and conflict-of-interest prohibited transaction rules pursuant to Internal Revenue Code 4975(c(1(D),(E) and (F).

I work at Lifestyle International Realty and they are extremely flexible.

I have worked as an analyst intern at an REI firm in the past and really enjoyed it.

Any deposit is handled internally by the residents.  

I would assume there must be some legislation that provides a payoff period before the HOA can initiate foreclosure.

You will tend to see tax credits and legislation that favors the resident. 

I'm debating the topic internally at the moment and was hoping for others to weigh in with their experiences in WI.Thanks,Mitch 

I'm also an internal auditor so I always have questions about efficiency and risks.

Just like in late 2008, its a bubble and prices will fall 30%-50% during the next recession when all the international money goes away.