Hi Gina,How are you purchasing these properties?

Hi,
Im an agent in Virginia Beach and a Navy veteran. I have been curious about this method for a long time and have only seen it in theory and would love to hear from someone who has actually done it. 
The Theory i...

Little did I know I'd purchased a place right next to a crazy lady.  

You should try to read as much as you can and determine what niche of real estate you want to invest in.

The $100k-ish investment loan purchase that one would use a $25-30k down DSCR loan for is probably going to take a lifetime to increase another $100k in value.Buy the best assets and take advantage of owner occupant loan options.

I am planning either a 3-story 27 unit apartment building OR if I can purchase the combined 0.8ac parcels on each side of me, construct a gated condo community with end to end road access.

What price points are targeting for this purchase?

I buffered it to $6500 but not be surprised to see $8500 based on my previous purchase in April.

Why do you think purchase contracts are so long and have such small print?

You will make them aware, and you should treat the transaction like any purchase involving an HOA.