Their guarantee to cover the mortgage if they don't rent the property is a red flag, too.

They only cover your events if you have 16 guests or fewer.

I have high revenue from my rentals and have diversified other investments that cover my lifestyle.  

Seems like a lot of folks prefer SFH, but I bought a Townhouse because it seems like it is easier to maintain (HOA covers external, landscaping, and neighborhood amenities).

I wanted to cover my why and what first to give a good picture of where I'm at current state, with a background and what I'm looking for below.My why: I recently got married and moved from San Diego to Scottsdale this year.

Hey @Joseph Chacko vellukunnel,I think @William Kwong covered some great points especially with the financing aspect.

My strategy is to use HELOC to cover down payment and convention loan to cover the rest of the mortgage.

Make sure you have adequate reserves to cover unexpected emergencies.3) Time-intensive - If you live on-site you're a live in property manager on call 24/74) Legal issues - know the max occupancy laws for your area.

That covers two days of the eight month delinquency.

I decided to keep the house and rent it out, currently I’m out of pocket almost $1300 to cover for mortgage.