You will see they are investing in the strongest markets, have great broker networks / access to deals which is critical in a highly competitive market, can raise significant capital to take advantage of scale, more disciplined / conservative underwriting models, have simple well thought out business plans to increase the properties value, using fixed rate 10yr loans to take advantage of still incredibly low rates historically speaking and use more sophisticated tool sets to help understand how fluctuations in occupancy, rents, etc may impact their models.  

When people run out, they have to buy their own.  95% of the time they buy the cheap stuff and leave it behind when they move out. 

The key here is to know what's in your HOA documents.Generally what happens in a situation like this is that you would make a claim on your insurance and then they would subrogate it to the responsible party (either the HOA or the other unit owner), so I'm surprised that your insurance company is giving you the run around.Make sure you've got a written statement from YOUR plumber indicating where the plumbing fault came from and, before you patch the drywall, get the HOAs plumber in to look as well (if they have one).  

I run the local BP meet-up and if I could generate leads consistently I'd be selling them non-stop to the people around me struggling to get solid deals.

There are some lower priced (I understand "cheap" doesn't always mean "value") condos in my area, and after running some numbers, I feel I can rehab and rent them out to cash flow in the low hundreds (after expenses, commons, etc).Anyone have experience in this before?

Your tenant may be running a laundry.

You don't want to run afoul of building codes and may also get sticky with your lender.Many banks do like a year of seasoning before doing a refi.

Not that you have to run a title report but you need to know what will be on the title report by doing your research with the county.  

I co-run the Princeton subgroup and usually attend the main meeting at Cherry Hill the same week.

He is a member here and runs an excellent small meetup group in Glen Burnie