There are some exceptions, but the HOA dues normally kill your returns and there are all kinds of other issues having tenants living close together. 

I will be into it about $9,371 with closing and have a payment PITI including HOA of $1,205.

Also if your condo HOA doesn't stop you the City of Plano might. 

I´m really experience in Maintenance Coordination, so I would like to start offering our services to PM´s and HOA´s 2.

Challenge: It's in a neighborhood (no HOA), and renting the entire property (sleeps 25 in total) caused problems in the neighborhood, due to noise and parties – so we only rent the separate cabins now.

You will have to gather more accurate operating costs (vacancy loss, taxes, utilities, insurance, mgmt fees, maintenance, HOA) to best determine potential future performance.

However, about eight days later, the seller informed me that they had "changed their mind" and no longer wanted to sell.In the weeks that followed, the seller failed to provide the required documents, including HOA disclosures, the seller’s disclosure, and other essential paperwork, all of which were due within specific timelines per the contract.

Following Up + More details: @carolineOur utilities were also opened using an LLC but since the power had actually been shut off the problem mostly came from ICE sending someone out to turn it back on plus installing a new style meter (which had to be approved by our HOA but that was another matter entirely and not particularly difficult).Opening a bank account with BCR as an individual is easy and you can get an atm card in about 3 days but you will be limited to holding only a thousand dollars in it.

Hi there,I own a handful of longterm rental properties in Chicago and have sat on an HOA Board for many years.

How bad is the insurance, how high are the property taxes, is there an Hoa, etc etc.