Listening to a lot of BP Podcasts, they tend to advise to stay away from investment properties with HOAs, since as you outlined, they eat up your profits. 

This could eat some of the revenue and slow growth.

@Andre Blanchet I was just down by you in Nazareth eating dinner at Rios.

Break it down into small pieces, and eat that elephant one bite at a time.

Appears good if you are right, any time you can acquire a property that doesn't eat any hay isn't a liability, has a cash flow that pays for your time to mess with it, gives you a tax advantage, it's a good deal!

He was incredibly accomodating to the tenants, and I'm sure it cost him a bunch of money, but he knows that doing the right thing will eat into your bottom line sometimes.

I try not to go out to eat that much (or any other useless spending) and put all that extra money towards my loans.

Just concerned that the HOA fees will eat into profits/cashflow.

The kitchen table folded down so you could walk through the kitchen when you weren't eating.

She is very worried about buying a single family residence where we discover huge issues that eat up end up costing us 150% of the house value by the time you are done paying.I don't have the answer yet about what to do when your flip turns into a nightmare.