I am very interested in this HOA budgeting for remodeling the exterior with all the development going on in the area. 

They are actually loaning on *raw land* to be developed into a property through construction.

But of course you have to know what you're looking for.Something else I always do is look for the economic development committee in each city and see what they're up to. 

Hey everyone,I’m looking to expand my knowledge into the development side of RE.

I did make assumptions on insurance but I feel that $800/year is very low and that you would have 5% of rent in lawn care, professional fees for tax software and other, and a small budget for small repairs. 10% for property management is the norm until you are managing 5+ properties then you can start to get some breaks.I hope that you are able to make this work for you but it will be tight even with your 30% down payment which is a lot of cash to tie up.

Thanks- Curious why you're interested in the areas surrounding Camden City when all the development is happening directly in Camden?

Go office/retail OR large multifamily development if possible. 

I am looking to switch my software to something centralized.

In my software, it's literally a button click and a confirmation. 

I have decided to take the plunge, stop building for other developers and do it for myself.