Hi All - I know that in general it is a good idea to avoid HOAs for STR/MTR rentals.

Lick your wounds, learn how to buy better, and try again.

How did you finance this deal?

You need to disclose it either way, why pass on something you know is bad to the next person?

But man, once he got that first deal under his belt, he couldn’t believe how much easier things clicked from there.

Good luck, look forward to hearing how it goes.

Does anyone know any banks in or around the Augusta Georgia area that will work with out of state investors?

I have been considering joining AAGLA and know they have lease forms and other forms, but it is $199/yr.In the next couple months, I am looking to get a standard CA NAA lease written up with RUBS for water and sewer billing and a requirement for the tenants to carry their own renters insurance policies with $100K or so (if there are recommendations around this please let me know) liability limits.Does the community here have any advice on how best to do this and where I could get a lease form that does the trick?

Would love to know what you decide to do!

It's hard to give an answer without knowing your tenants, how many of them there are, what amenities are in the area, and more.If you had 10+ tiny apartments, a game room or fitness area may be attractive.