That is great that we have similar investment markets, we'll have to meet up and help each other!

@Charles LeckyIn regards to question #2 try this webpage: https://datastore.netronline.com/You may have to create a new account and password.

In regards to the comments about profiting from the HOA's, The HOA's are Not-for-profit entities, If you owned the property management company that won the owners Board voted contract to manage the property, that's an option to make some additional money but you can't make money off of the HOA directly.I would also suggest paying attention to your competition in the area, apartment buildings, What amenities are being offered versus what you'll be able to offer with your unit, what are they charging versus your all in cost to operate your property, etc. lastly pay close attention to the interiors of the condos and apartments in your market since you'll have to offer similar or a better interior depending on the other amenities with your property.

They are managed a bit differently as a result.Small multi-family and single family are fairly similar in how they are managed.  

Lots more upside than down in REIf you really want to invest in something else, they all have similar inherent risks and all mediums will look similarly bleak if you only focus on cons.

@Fred Ewert I am in a similar situation down here in Muncie, IN.

We follow similar paths.

I'm sure there aren't, but by taking this approach it will make them aware that their usage is a problem and hopefully they'll be more conscious of the cost that they are running up.How have you all handle similar situations?

In many cases the adjacent area experiences a halo affect of appreciation because it has similar benefits but at a lower price point.

If you're having the roofers come in after you do the tearoff, make sure the dumpster is there for them as well... they'll have cut pieces of new shingles and similar stuff to get rid of.I have also seen a couple of dumpster companies that offer a lower rate if all you're putting in it is shingles, no general trash - I suspect they are hauling it to either a recycling plant or a construction and demolition landfill, which is cheaper for them than a general-purpose landfill.