Myself and the investors that I wholesale houses to don't live local to the properties I find, so I ALWAYS advocate getting a home inspection, because neither of us actually physically see the house prior to closing.

Right now, I am reading a lot of articles and talking to people.

Adjustments are made for financing, condition of sale, date of sale, physical characteristics and location to indicate the value of the subject.

They took the view that the system is really a way to broker deals and collect a fee.The article is posted in a link on this site.

I'm learning a lot and re-reading this post made me think that one hopes there is some sort of reference material for how to form a HOA out there.Does anybody know where developers / new homeowners go to form boards and draw up the articles?

I read exerpts from and article about another real estate mogul who was a friend of the above mention friend.

I write many of the educational articles that appear on our company's website, readata.com.

The previous owner of this duplex was a disgruntled landlord that literally couldn't sleep and was physically sick due to the terrible tenants she had.

Get busy reading these forums and the articles here on BiggerPockets, hit the library and bookstores, and study!

Think about it like this...you could go to university for years to learn complex studies like rocket science, astronomy, quantum physics, engineering, surgery.