Not saying HOAs are perfect, but i also think they get a bad rap sometimes. and honestly, its cheaper to get insurance for a condo than for a house.

Being self-employed can make securing commercial loans more complex as lenders typically prefer borrowers with stable income and strong credit history.

@Ashley Wilson Just had a bad “evaluation”.

Bad, Bad blood down the road. 

Any wide frame suggestions or is a townhome a bad plan due to the HOA ?

Also, with a $250k budget, you're going to be limited to condos or bad locations.

Purchase price: $104,000 Cash invested: $20,000 Deal Deep Dive: Strategy: Buy and Hold Mid-Term Rental Buy Box: - Within 15 minutes to a major hospital - Within 10 minutes to a Starbucks (LOL)- At least two bedrooms- Light Rehab Only (paint/floors/decor)How I Found the Deal: '- networking with fellow local agents (I am an agent, for context)How I Negotiated the Deal: - Gave the seller what they were asking for to get in contract- Negotiated seller credit based off inspections - Told the agent who brought me the deal that HE could represent ME in the deal, which made it a win-win-win.

How I Found the Deal: '- networking with fellow local agents (I am an agent, for context)How I Negotiated the Deal: - Gave the seller what they were asking for to get in contract- Negotiated seller credit based off inspections - Told the agent who brought me the deal that HE could represent ME in the deal, which made it a win-win-win.

There was a lot of deferred maintenance we had to clean up during our ownership that I should’ve negotiated credits for.

They will sell you the world and you may be too inexperienced to know what is good or bad about the property.Best of luck to you.