"divide and conquer" as you will.For instance, our board starts projects, chooses a vendor (say to paint the community buildings) and then allows the vendor to run amuck with almost no oversight, ignores complaints or refers home owners to the vendors themselves for complaints about, for example, damage caused to one's property by the vendor.

I have read extensively here about building out your real estate team in terms of who and why.

It seems to me that in an instance like painting or roofing, where the homeowner is specifically prohibited from choosing their own contractor or doing the the work themselves, that the HOA takes on the responsibility of the outcome of its chosen vendor's actions.

For instance, when I search the MLS, I want to find properties that have at least 2 baths (or 3, or ??).

This way specific people can start connecting to you and offer helpful info and steps to take.For instance you are looking at buy and hold houses, flipping houses after rehab, assigning contracts, wholesaling, buying a commercial property etc.Glad you are here........... : )

@Matt Welch I can help you find a qualified tenant via listing it on the mls, as well as our extensive marketing campaigns.

I wouldn't want to be in negative cash flow on this deal..Extensive repairs could be a nightmare..

For instance in loans, we commonly use the a mix of the HPI and the Origination Date to determine how accurate a Seller's property value might be where we quickly calculate how much deprecation occurred in the market and see if it is close to the Seller delivered value.

I'm currently an operational strategist for a large financial services company in SE PA and am planning to begin investing in real estate in the near future.I'm a big fan of "transformation" having extensively renovated my own homes over the years.

For instance, I will accept an 8% cap if I am paying cash or l am financing at 5% or less.It is difficult to see what you are doing based on the data you submitted but at an 8%cap requirement I would estimate the value of the property at about $120,000.Good Luck.Bill