Hello BP,I am curious... those of you who are using Buildium for HOAs, what do you use for your property management company's bookkeeping?  

The property taxes in Las Vegas were about $1800 per year for a house, but when you add the HOA fees the total with taxes is about $3600 and then the rents for a 2-bedroom in one of my apartments is $2250 per month vs. $1600 to $1800 for a house in Las Vegas.The cost to clean an apartment in Los Angeles even with some significant repairs never exceeds $2,000.

I would be worried about covenants that say no renting, short term more long term and, I avoid hoas because of this, make sure the hoa is well funded but for a property that large I have no idea what the magic number would be.

It is HOA run and has lots of specific costs associated with new construction.

Subtract HOA fees; utilities; trash; lawn care. 

This is exactly why I'm trying to connect with the right people who know the different zoning laws/restrictions / sometimes HOA's also would impact certain properties as Ive recently learned (there was even one area where apparently only 55+ aged residents were allowed to own..) 

Unfortunately there is a Pending litigation on the HOA due to an owner of one of the other condos suing HOA for a roof leak.

Buying a condo you have HOA, condo approval requirements, etc. 

If you have troublesome tenants, bother other owners, the HOA can impose fines on you.

.$700k + $12k closingall 1br/1ba.all currently rented between $750-$850/modescribed as all units "in great condition with recent updates"Rent income = $131k/yrExpenses = $54k (HOA, taxes, insurance, utilities)avg ~ $50k/unit.