Also I read all the HOA docs and the CC&R's before I bought so I knew exactly what I was getting into before hand, i.e.

So it shows that you never really know for sure what might be gold to someone else.

During 2009 when I bought my condo in SF, to supplement my vacation income, I signed up with a company called Air BnB to rent out my place when I was gone.  

My mortgage lender (not a bank) has used every property I’ve bought as income immediately following purchase when I send them the lease and proof of security deposit.

That is a big sticking point with me is the non-compete, but I also will be working a full time job and most of the projects I will be overseeing.We had first discussed a line of credit and I pay pack interest on what I take, for ex. if I bought a house for 70k and needed 30 k reno, I would borrow the 100k, then pay back 10% on that plus 15% of the profit. 

in 2013 i bought a duplex from a guy who had over 200 units. 

Again, sounds like they foreclosed on duplex B, but sold you Duplex A.There is no reason for You to be signing a quit claim deed, unless you are swapping DuplexA (the You “bought”)  for Duplex B (the one they foreclosed on and you should have been buying).

But there is also some contents coverage, since it's my house.NREIG had just started carrying flood insurance when I bought my first policy with them 3 years ago. 

Hello Everyone,I have recently bought a single family house in Melrose Park, IL.The property needs a little bit of work to make it ready for renting.

ERgo I just bought a home In Summerlin and moved my tax residence there living there 6 plus months out of the year.. this is all great info..