Purchase price: $88,000 Cash invested: $18,000 Sale price: $130,000 Quick cosmetic; sales desc: Comfy updated Sunrise Ranch home in gated HOA community with NEW roof!

I am nervous about HOA fees, and rental rules (as I want to rent out other rooms), and renovating.

Condos can be tricky with the HOA and boards and special assessments but there are some lower price points and don’t have to worry about a ton of maintenance.

I am looking at a package of condos in Florida and I am wanting to know what you see everyone doing when it comes to the HOA Fees.

I know I wont get any appreciation on this house but the loan will get payed off in a couple of years and it will be mostly a cash flow property. property taxes and HOA is only $330.

The HOA fee is a determining factor but can be less than a property managers fee, land scaping, and exterior maintenance. 

Additionally, my property is in an HOA, so if anyone has specific tips relative to that I am all ears!

Hello evryone ,have a fantastic tenant ,he is a quiet tenant Retired from the Navy.He rent me a Condo Unit in a first floor of a HOA .I bought this unit 6 month a go .The upstairs neighbor had treadmill that use every night at 8 pm and my tenant has complain with them ,with the administration but this not stop .Anyone kmow if is anything legal I can do ?

A big advantage of a SFR over a townhouse is the HOA. 

A LOT OF THINGS SURVIVE FORECLOSURE: If you are buying a Condo then past due HOA fees will still be due and those can be substantial.