You should be able to see how much those properties have appreciated from when they were previously sold.Use your local knowledge too, if there’s a relatively cheap neighborhood that the city are pumping money into in order to rejuvenate the neighborhood then this could be a good bet too.Good luck!

I bet you would be able to rent it, but some renters may have an issue with the location and move on.  

Your safest bet is to call the HOA directly on any potential rentals you have.

If no, you'll likely lose money if they do a shoddy job or charge you way more than quoted at first.If the answer to the last 2 questions was "no", then buying a turn key property (or partnering with someone who has more experience} is probably your best bet.

In my area of California, appraisals have gotten very lax regarding the existing structure SF versus what is recognized by the county planning.

Community banks and credit unions may be the best bet, I'd just call around and keep searching on the forums.

I am not sure how the law views evictions versus failure to renew, but in my limited experience getting someone out of a place they legally lived at any time in the past is through eviction.

@Andy NathanIn my opinion , managing the repair and maintenance costs can mean the difference between being profitable long term versus breaking even or even having losses.

Your best bet is using some type of local or regional lender and using a commercial loan where they underwrite your and don’t source the fundsReach out if you want to talk more about it...i spent a lot of time looking into how to make it work for my partner who was in the same boat!

I assume that jumping in is the best bet!