SEE if your HOA rules say any more than that, I bet they don't. 

https://www.nbcnews.com/business/economy/congress-just-approved-bill-dismantle-parts-dodd-frank-banking-rule-n876516

A good rule of thumb to be safe is to wait until their current lease expires and then implement your rent increase to whatever you want (of course justifiable according to your specific market rents).

I figure the way they probably get around the SEC rules is by introducing you to the potential partners so you may become "friends."

Don't rule out wholesalers just because the ones you talk to were bad. 

Hey Blake, I'm a complete and total newbie, but a book that has helped take steps towards my own financial freedom and helped me decide to commit to it is Grant Cardone's 10X Rule.

"The multiplier", meaning the 100 times I mentioned (which is often referred to as the 1% Rule) vary by which property we are talking about.

Property A, would have to fit the 80/20 rule for it go into the 39-year bucket, i.e. 80% of the income comes from the commercial units.

The IRS has rules written about it as well which provide good examples.Unless I have an appraisal I almost always use the town/county assessment.

Unless your area has a special rule, our property mgmt team accepted the first qualified applicant and notified the other applicants that they were not the ones chosen and told them that their application would be kept on file for future available units, or informed of why they did not qualify.