@paul lower it to $1,175 to 1,195 that will reduce your income $300 at most compared to another month of vacancy. $25 per month difference will get you more calls.

@Paul G.,  when you research the HOA for a potential condo investment, do you just contact them by phone, tell them you're considering buying a unit in their complex, and ask them 1) to confirm what their monthly fee is 2) if rentals are allowed 3) to email you their condo docs 4) what their reserves are, and 5) if any assessments are coming up?

@Paul R.  

Thanks, @Andrew Johnson and @Paul Bowers You both provided answers to a situation that is similar to mine. 

@Allan Rosenberg,  I think you're asking a perfectly legitimate question: what is their default rate, and what is their uncured default rate.  

Thank you for your reply Paul 

@Paul Ritter  If the goal is to find a home for someone, sandwich lease options seem riskier because that's a smaller pool of houses to choose from. 

@Paul Garcia Hey Paul, and welcome to Biggerpockets!

Originally posted by @Paul Papamarkos:I am new to the real estate market and I am interested in purchasing a multi family in the near future as a buy and hold property (not owner occupied).

In the meantime I have already contacted a local restoration company (Paul Davis, any other suggestions?)