I'd love to hear about your plan of maintaining your out of state rentals once you move here to the area.

I think that this is one of those (small) things that helps you maintain control of your property and keep good tenants.

I'm newbie to real estate investing, studying to get my CA real estate license, I'm love with the real estate field. 

Are the dues paying an idle managers salary or going to project over-runs.... and still not maintaining the place or building reserves (the bad side) or do the dues help a well run association thrive, are they accounted for in a transparent way with good reserves, funding an active maintenance program, solid reserves, and good owner involvement and professional management (good side)..

I am currently studying Finance with a minor in real estate and intent to get into the mortgage business shortly after I graduate. 

It sounds like you're eager to get started, I would counsel you to pump the breaks a little bit and spend some time not just attending meetings, but making connections and sitting down with current investors in-person to get their take on things.I would also start studying the MLS or, if you don't have ready access to it, redfin, zillow, and the like to just start getting a sense for what properties are selling for how much in which areas of the Puget Sound region.

I've been studying real estate investing and researching markets in the Eugene, Oregon area for the last 6 months.  

The other friend and I have minimal savings, but we have been studying real estate investing and determined that the friend with savings would help all of us reach our goals quicker.

Many companies never touch these external buildings in an effort to reduce cost, but the TN Landlord Law is clear stating that the owner must maintain the entire lot, which includes fences and external buildings such as storage sheds.  

I've driven all over the east side of the country to study different markets and how they relate to one another.