One thing to understand about debt, there is good debt and bad debt.

Hey @David Caddy, I understand your frustration, and that's why I encourage beginners to set realistic expectations from day one.

So when i find a property and get to the inspection part,  i understand they find issues with the house, some which can be minor and others major.

I will say a market you know and understand. 

It's like buying a suit of armor to bring to a pillow fight.This herd mentality, where everyone blindly follows the latest 'sophisticated' trend without understanding the why and the how, is not just amusing but financially draining.

Understand Local Regulations: Dont forget to do your research.

I understand there could be big difference between two towns that's close to each other.

@Grant Stuard There's a lot of good advice here, but I think it is important to understand what kind of deals you've already invested in.

I'm trying to understand what due dilligence I need to perform and educate myself on how to gain control of the HOA after I purchase the majority of the units.

The property is located in the Midwest and me and my business partner have ran the comps, numbers and called numerous property managers, handymen, inspectors and even asked locals on reddit to get a better understanding of the rental calculations and local biases in the area.