To make the long story short we agreed to buy the property because of the potential was pretty good and the HOA was doing a great job with the roof.

New roofs, new windows, new 90% efficiency propane forced air furnaces, new sinks and counter-tops and new carpet throughout.

New roofs, new windows, new 90% efficiency propane forced air furnaces, new sinks and counter-tops and new carpet throughout.

New roofs, new windows, new 90% efficiency propane forced air furnaces, new sinks and counter-tops and new carpet throughout.Sale price: $275,000Land contract available, with appx. 40% downIs this something I should look into?

Finding purpose and support for those involved that have "been there, done that" is the most challenging aspect.  

It's great to see real estate professionals from all aspects of the industry on this useful networking site.

Not only will it help in the liability aspect, but it's a best practice that should be implemented going forward.

It is a good community to network and learn about all aspects of real-estate investing.

If you could find a job in any aspect of real estate, you will learn while getting paid.  

You get to share expenses...When you need a major improvement (like a roof or parking lot) you get to split the cost with like a hundred neighbors.