A friend sent me the following opportunity;Miami Condo: 2/2 in a good area with excellent rental market.Asking Price: 70K, good conditionMonthly Rent: $1,300NOI: $635 (After HOA, Taxes, Maint, Insurance..)HOA: $212 (No special assessments), building is from 1979 Investment proposal : Buy and Hold (15 yrs) I was wondering if is there a way to forecast HOA?

The typical reason that is proposed is to avoid paying transfer taxes.

That's why the short sale we propose that makes sense to us, doesn't work for the lender.Good luck....

The SEC has a summary of it here.The last thing I'll mention, though not on the precise point of RECF liquidity, is that there are some good folks out there volunteering their time to push for new legislation like the Main Street Growth Act, which would create venture exchanges.

@Lauren McNeal Since you are interested in fix and flips, I propose the following action plan.

@Brent McKee Since you are interested in fix and flips, I propose the following action plan.

He is trying to propose a 6% discount, when in fact it is only 3.  

Sorry but I fail to see the logic being proposed here.  

part of the equation first to see if what you are proposing is even feasible. 

Prior to these sites emerging to dominance, I wouldn't have gotten near a VR with a ten foot poll; with this new platform, though, it can be incredibly rewarding if executed correctly and something I help interested clients to pursue.As Justin said, how selective you are in the neighborhoods you choose to invest in (AKA: being very thorough with your due diligence and making sure to avoid the neighborhoods where people are likely to take issue with short term rentals operating in their back yard and attempting to make formal changes to legislation) will go a long way in dictating the success you have.For instance, Del Mar just recently put a temporary stop to any new short term rentals operating in the  Zip Code and are currently 'sorting out' the 'unclear verbiage' regarding short term rentals in their municipal code.