If you don't comply, you'll be held in contempt of court.At no time will the HOA be in a position to foreclose on the house or take your property (probably - doublecheck with your attorney, but here in Colorado, the HOA would not have that ability). 

With enough reps in the student rental market, there won’t be much you are unprepared for when you jump into your first deal.Best of luck young man, and keep the positive momentum going!

My credit score is 667, with no major issues and my salary is $93600. 

30 year fix would be good option,If you are looking for positive cash flow.  

Maybe you are with the same group posting 10k salary for REI apprentices all over town?

My name is Lisa and I currently reside in Columbus, Ohio.I grew up watching my parents investing in RE and becoming longtime landlords and I witnessed many positive and negative experiences they went through with various tenants.

You also don't want to put your self in a bad economic position with your first property. 

I am currently working on a few construction projects for new investors, and I don't see how they can get positive cashflow on their investments.OC is a great place to live, but you don't want to strap your cash on an expensive property; and missed out on future properties when the market is more reasonable.Good luck  

I was focused on my business for the last 8 years and now have 2 stores for my business and I am finally in a position where I'd like to get back to doing some form of RE investing. 

Absolutely.Now, thankfully, I am not in that position anymore, and my portfolio has grown to sustain itself without my personal finances being involved.