Hi Elizabeth,Given the current rental demand in the Denver Metro Area we no longer allow pets and have had no problem attracting quality, pet free, tenants.

I reside in Largo; but an area that has growth potential (opinion) is Seminole for multifamily and the main attraction are the beaches on Gulf Blvd.

They are in an HOA for the common good of a rental property to maintain exterior integrity and protect against a slum lord driving down values through lack of maintenance of the rules of a community or the repairs and landscaping needed to attract great tenants.  

I am trying to build an attractive package for an end buyer.

Can you attract different/better/more tenants by allowing pets.If you accept pets, insist on meeting the pets first, photograph them so there isn't a switcharoo later, and include plenty of language in the agreement about your expectations.

I really like The Real Estate Recipe: Make Millions by Buying Small Apartment Properties in Your Spare Time (Nuts & Bolts Series) by Brian K Friedman, and Multi-Family Millions: How Anyone Can Reposition Apartments for Big Profits by David Lindahl to name a few, but I have gone to Amazon and purchased a bunch of cheap kindle books that have a much more realistic view with out all the hype. 

@Everton Bradford what areas are looking attractive to you in Maryland?

If anyone would be willing to contact me and be a virtual mentor for the millions of questions I'm sure I'll have, I would be extremely appreciative!  

@Ivan Vargas  just seems like a lot of work to raise 1 million dollars... which really is not much money in the grand scheme of most real estate developers and movers and shakers. but in certain markets were they are buying houses like a used car buyer  IE same price points I can see where a million would be meaningful

We initiated FC and set the opening bid just above our all in costs to attract more bidders at the trustee sale and it worked. 5 month hold time.All in costs: $34k.