It can also lead to the many horror stories of assessments of thousand and thousands of dollars because they need to put on new a new roof or do some other capex project and the HOA is broke.But with all that said, don't let it discourage you, I just want to make sure you go in with your eyes wide open and are not distracted by potential returns.

Anyone local still active on the forums?

@Harith Naga- I agree with Curt's assessment. 

I hate that I haven't yet been actively investing but I'm also extremely proud of myself for clearing the debt and being able to move forward and be in a financial situation to leverage my money wisely in real estate before I begin.So all in all within 4 years of graduating college I will be house hacking with no personal student loan debt.There are a lot of smarter people than I on this site who have much more experience who may give different advice, but this was the plan that I really latched onto when I was reaching out about my first property 2 years ago.

I recall from my insurance policy in NC that I could go 90 days with a property being vacant as long as I was actively marketing it for rent or would be.

Be sure to stay active here so you can learn and also get visibility from investors near you.

Applicants are not people they are data and facts used to assess risk.

Good afternoon,I've been an active RE investor for several years now in the Atlanta area and currently own 7 single family detached rentals.

My husband and I are actively looking for a 3 family in Bloomfield or surrounding areas!

Also, I see this is your first post: stay active on BP asking questions and responding when you can- visibility can help you get contacts and deals!