However, I wouldn't spend money simply to create a loss (spending a dollar to save 25 cents in taxes doesn't make sense). 

The main thing with associations is you don't buy into one that is too broke, ideally your reviewing some financial data before offering, not always practical though.

View report*This link comes directly from our calculators, based on information input by the member who posted.Hi Biggerpockets! Can I get some help analyzing this deal. I don't quite understand why d...

View report*This link comes directly from our calculators, based on information input by the member who posted.

With that said, the desert cities are changing their vacation rental rules often, so plan on spending some time talking with local experts and understanding not only what rules each City has now, but what changes are likely in the future. 

It wont be your best investment ever, but it at least it will get you started.2) If you really want to spend the time making sure you get a home run, you need to find a distressed property that you can put the equity into.

Each state comes with 8 lawyer-reviewed* forms:Comprehensive residential leasePet addendumLease extensionRental applicationLease guarantyMove-in/move-out formLease amendmentLease AddendumEasy to use and fillable.We currently have 35 states covered, more coming soon.So now that you know about landlord forms, what does this change to Pro annual membership mean?

I have always loved real estate and would spend lots of bonding time with my dad, driving around wherever we happened to be, looking at houses, playing "guess the price" on the for sale ones, and dreaming about owning this or that, or having a rental here or there.

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Here are the 2 replies I received back from the community development director:The records I reviewed showed it as an existing duplex.