HOA owes you nothing and you are bound by the governing docs.

First review: "Bring your own bedding, firepits don’t work, jacuzzi not too warm, carpets are dirty/stained, loose tiles on deck & top of stairs so watch your step, got bug bites while asleep ..other than that it was a big place for families to hang out."

Account Closed- my two cents is to cut loose and exit ASAP.Good LuckVivek

I'm sorta loosing hope...I'm debating on looking into moderately distressed areas in New Jersey for 4-plexs and possibly to invest in and hold, possibly dealing with HAP. 

People have pretty loose definitions of cash flow, curious how you're getting 500 after a paid off property. 

All the while you dollars are loosing buying power.   

Given that I'm still crunching away on over 60 potential properties, I was really hoping there may be a loose rule of thumb re: a percentage band on total cost and/or per door fees that others had found usually worked in the Austin market. 

You will be bound by the terms of the original contract, therefore Yes you will see the contract as That is what you are buying.

I think you’re 100% on the right track, from doing research and asking questions, to your savings and your employer (working for a design/build firm and having PM experience is bound to be helpful!) 

These can be financed if a full remediation has been completed with the engineers report and insurance coverage can be bound.