I noticed your profile says "Alabama" and your post says "Ohio"

Most hoas can be dissolved after a certain number of years after incorporation, (mine is 20, and we're about there) by a vote of the owners, OR, if the owners decide to terminate prior to the anniversary, appropriate notices need to go out and a vote done.

Once there were enough committed investors, they went ahead with finalizing the company formation, collecting the money, and closing on the purchase and the loan.It was something like three months from the time they started talking with investors until the deal actually closed.They had some cash out of pocket in the initial phase, but this was reimbursed out of the company funds once the deal closed.

You're light years ahead of others in the business and you're making it happen for yourself!

I have noticed recently that the GRM for single family homes in the Utah market are coming in way high. 14, 15, and 16.

If you have a solid and trustworthy sphere of influence you're good to go, if you're new to town, you have to do some pretty humbling things to gain peoples trust.Oh, and lots of times when you tell someone you're a realtor, you'll notice that the look in their eye means that they are not interested!

Never pay ahead of the work that's been completed (i.e., after 25% of the work is completed, pay 25%, etc);3.

It sometimes seems the law protects the renter too much and penalizes the landlord just for being a landlord.Best case scenario is the tenants are on a month to month, and even then you have to give written notice, I think 30 days minimum.

I've noticed that a lot of properties listed in the "Properties" tab are listed as Alabama instead of the state they are actually in.

(Notice of Default) List.