Also look at the annual financial report to see if they are reporting a profit or a running loss for the HOA.If this building is older plan on special assessments or monthly dues rising at a fast clip to cover ongoing repairs needed.

To be more successful, you simply have to work on the other elements to progress your REI pursuit.

It's the large jump in assessments but hopefully the EAV or tax rate will adjust as well.

I added links below on flips and rentals, as you indicated a significant level of interest in these niches.http://www.biggerpockets.com/renewsblog/2013/01/04/how-to-rent-your-house/ (house rental guide)http://www.biggerpockets.com/renewsblog/2013/02/22/buying-rental-property/ (how to buy a rental property) http://www.biggerpockets.com/renewsblog/2014/01/07/flipping-houses/ (step by step guide to flips)To be more successful, you simply have to work on the other elements to progress your REI pursuit.

Assessing the situation and keeping yourself out of bad areas helps.The mental part ( verbal judo ) is even more important.

The tax assessment value is for about $31k.

To be more successful, you simply have to work on the other elements to progress your REI pursuit.

I will put a lot of that to use on this deal and will keep you updated on my progress as I go along.

To be more successful, you simply have to work on the other elements to progress your REI pursuit.

Needless to say… it wasn't in good shape but we've made some good progress and are nearly ready to list it for sale.