Being on the board of the HOA will give you some extra work but also more control of your investment. 

I have an extra bedroom that I will be renting to my friend. 

Already at the entry level I feel a burning desire to succeed in real estate and a passion I've never felt before.  

Me and my partner Brandon whom I work with are hunting down investors looking to make some extra cash.

This is precisely the reason why I'm upset with Intuit, because you're right, had I known this before I could have stopped that tenant from paying through Intuit.Indeed, companies aren't perfect, but typically, when they make a mistake, they go out of their way to fix it manually, Intuit didn't go the extra mile.

That said, if it were me and I would not miss the extra 5% down, I would be locking the 4.125%, 80% LTV deal, saving on fees and avoiding PMI.

Teaching a dog the "hold" command sets you up for some extra fun photos.Enjoy!"

Got burned and back-stabbed.  

If the tenants are month to month that's no big deal, but as the new owner/manager of this property you'll have the responsibility of maximizing income and month-to-month leases add extra risk of unexpected vacancy. 

So actually, the seller made a nice $5000 extra.