HOA board members are generally unable to separate the "insult" of having to carry their neighbor financially from pure business decisions.I think your best bet is to work your deal so that the HOA is paid off in full. 

So if you're a pure investor, you'd be so right to go for those much-cheaper-per-door duplexes!

I wouldn't ever recommend buying a property purely for expected appreciation.

I'm purely after cashflow.

I was watching American Greed and it occurred to me that some things aren’t pure black and white but things get out of hand quick.

Off market deal, existing MHP with 25 homes (12 POH) along with 27 RV lots (25 occupied) and a connected RV and boat storage lot with 50 spaces.Obviously not a pure play MHP but the financials are looking pretty compelling so far.Anyone have experience with this type of hybrid arrangement? 

You can do better than this here in Louisville.Since the above is a based on a pure cash purchase, I’m not sure why you have debt service.  

It's the lowest down payment you can find anywhere on a multi-family property (2-4 units) and it's pure cash flow! 

Yes, that location is seeing some good growth , hence keeping it purely for equity growth and i had a long term tenant in there.

It's probably pure data-mining for them, which leads to their decisions on whether or not to buy in a particular neighborhood.I'm not sure if there is a long-term play for these companies if/when interest rates rise to a point where the model is unsustainable.