If you feel like there is any thing funny or unethical going on, REPORT IT to the local real estate board they are with so they can investigate it.  

So if you ever have a specific question as you investigate there, feel free to PM me anytime.Best Regards,Scott Price

Some great points I will keep top of mind when investigating HOA properties.  

I am thinking of doing a debt relief program to get a fresh start.I have a SFR that is currently rented out on an 18 month lease.

So I want to leverage these 2 properties to get 4 more properties.If I use that 85k to pay cash for 4 fixer uppers and bring the value up and have rents of at least 750 a month each.So that would be 3k plus 850 plus 795=$4645I would use my cash for the rehabs and just get them rent ready with fresh paint and flooring.so go into debt to be able to collect 4600 a month for only a debt of 80k.Am I thinking this out right. 

Anyone know how to research air rights assigned (if at all) on a commercial property? Short of going to a city register of deeds and looking for a recording instrument (are these rights recorded?). Looking for an onli...

I understand not being comfortable with the idea of strangers watching your child, but now might be a good time to start investigating some child care centers.

You might want to investigate something like this:http://www.homebuildingmanual.com/Page2.htm

Also it is a good thing you pointed out the 203K restrictions which I was not aware of.Jeff Sielicky, My loan officer I talked to said it will not be an issue, but after reading Jon Holdman's reply I did some investigation and found out financing it intentionally as a primary only to make it an investment would be mortgage fraud.

Looks like it covers just about everything that I would be looking for and more to get an idea as to whether I should investigate the property further.