The thing about HOA's are, similar to health insurance, every year just like clockwork, you can expect an increase.

Numerically, all you are really doing here is buying an income stream; the basics of which are fairly straightforward.

@Fuat BagseverHi Fuat,There are so many high cashflow markets across the US.Maybe look at purchasing another complex to offset your losses on the one you will closing on.I have been down this road with my portfolio in Australia where I owned numerous properties hoping they will appreciate in value.I have decided to not purchase a property anymore unless it is a heavy cash cow.Just my opinion.Thanks and have a great day.

After High School I went up to The University of Florida and majored in Economics and Business Admin.Since then I have partnered up with my father and we now own a flooring company, specializing in carpet and tile cleaning.After working with numerous property management companies, as well as real estate companies, I have gone "behind the scenes" and have fallen in love with real estate.

I have bought numerous Tax deeds in Hillsborough County...actually living in one right now, believe it or not.

I found out during the the first evaluation the largest Health Care employer was expanding by a prospective tenant so I made moves to increase my holdings in that area. i wish there were more available as these are really quality tenants to which most stay for 3 years at minimum (per their contract with the Health Care facility)

There are numerous places here in Utah to learn and learn from.

Yeah I'm the tough luv uncle. and The 1 who's into organic health, security /self defense, financial independence via entrepreneurship, ETC.

Consumer have made numerous complaints about this "industry" as well.The increased score happens because these "businesses" inundate the bureaus with questionable requests for changes, playing the “this isn’t my credit card” game, and other tactics that force the bureaus to investigate these practices.While the investigation is under way the bureaus remove the trades in question and, if negative, their scores increase the next time their credit is retrieved, the sugar rush.

Yes, it's definitely a process and you have to go thru your county planning and zoning, and it gets reviewed by numerous other depts.