Depending on what state you're deal is in can determine the closing costs including taxes etc. 

I have no idea if our HOA funds pay his lawyer, if he pays himself to plow our road (they refuse to hire anyone to maintain it, he does it just fine himself), there are serious drainage issues that won't be addressed, and a litany of other questions that should be answered before forcing a vote.I have yet to move into my house but it seems all of these sudden changes have to do with the Presidents hatred for one family that owns multiple lots (all new covenants and bylaws are aimed at one family, the president even held a secret zoom meeting with us and another new family to steer our vote the way he would like AND mildly trash talk one specific family).Isn't there a law in Indiana to protect homeowners from being forced to vote on such a major decision without providing adequate resources for us to determine if this is right for the community?

The problem with a short-term rental though is that it's tough to determine/figure out the income producing potential of the subject property.

The determination of what is profit and what are expenses don’t change whether you do it as an individual or an entity.

Since you only have 10 years left, you need to determine if it will be worth it or not. 

I'm not so sure about WA, but being a high cost coastal state I would wager they're none too friendly.Generally if you google around you can find guides as to what that all means, as well as how to determine if a particular state or market is good for investment.

Simple easy advice which I was leaning towards but just could not determine if that was the right move.

Let your target market determine your strategy.Price points here are increasing, but I make the case daily that it's a market-area correction.

I will probably reach out to many of you and just try to connect with everyone because that is my nature and I am determined to get started. 

How much did you save and how did you calculate and determine that amount?