HOA prez told me I gotta repair it on my own dime.

Send mailers to Properties with liens: Mechanics Liens, HOA Liens, Tax Liens 41.

I'd rather not use any method that shows a change of ownership, because the condo is in a HOA neighborhood and there is a $400 transfer fee.

The crawl space was full of human S#@*.(...) ...good onethats why I stay away from houses. condos are where the real money is ..u pay ur HOA dues + lower taxes and you sleep well.

Our California manufactured home HOA has provisions in the CC&R's about maintaining one's property, but rather vague rules.

It then had liens totaling over $275K, $4K past due HOA fees, and back taxes of $7K.

Purchase Price: $149,500 Initial investment (20% down + closing costs): $36,300Gross Operating Income : $16,500(include 1 month vacancy)Total Operating Expenses: $5,050 (include taxes, hoa, insurance, maintenance of 1500/yr as property is quite new)-----------------------------------------------------------------------------Net Operating Income: $11,450Annual Debt Service: $-6,634Cash Flow Before Taxes: $4,816Ratio Information:----------------------------Loan to Value 78%Cashflow / Initial Investment 13%Cashflow / Assets 3%CAP Rate 8%

All mortgage, property taxes, IRS liens, HOA fees and liens, utility liens, child support judgments, credit card judgments......shall I go on?

I became an unintentional landlord by inheriting my wife's condo 3.5 years ago. the thing's underwater big-time & we lose $49/month after considering PITA + $200 HOA + $87 PMI.

The most important advice, have your agent check out any short sellers situation: how many mtg.s, what banks, any HOA or other judgements, etc if you don't already do it yourself.