I understand this does not answer your question but it is an important factor I thought I would share since im currently in a situation with an hoa auction purchase.Make sure you do a lot of Due diligence on it.Most county records are public information type in the parcel number most liens should appear. contact a title rep and see if they can dig a little into it.

And with those factors I'm navigating the dichotomy.To get specific, the SECURE act also adds to that unease as it forces all that money to be withdrawn in a 10 year window.

There are a lot of factors.

This won't be as big a factor next time. -- Price point: I wanted to put x dollars to work for me without having my efforts spread out among multiple property locations around town. -- Upside: The building I purchased has a 7,000 sqft basement with several partially built out units and a laundry room.

When reviewing a multi-property for purchase you do need to consider those factors and many more.

So, the best advice I could give is to first look at those 3 factors I mentioned: 1.

HOWEVER, they will also look at other factors such as DSC (debt service coverage).

At this point I could've moved on to a different buyer to simplify the process, but in order to make this work and NET more money, I decided to close on the house with a hard money loan with the seller, then sold it to the end buyer for $450,000 a few days later.There were more fees this way, but like I mentioned I still netted more money as opposed to assigning the property for less.Here's how the numbers played out:Purchase: -$370,000 Hard Money Loan -$14,501.47 Closing Costs (out of pocket)Sale:$450,000 Sale Price-$12,000 Selling Agent Commission-$9,352.33 Closing Costs-$369,737.24 HML Payoff=$59,649.55 ProfitNotice the buyer did have an agent so I factored her commission in.

Property management is another hot button here, so you'll get differing opinions on that too, but would suggest that you at least run your numbers with a PM in place just in case you ever want/need to switch to one, the cost is already factored in.One thing I do is hold my properties in land trusts so my identity to the tenant is now known.

It's virtually impossible to get even air flow from all vents, and you usually don't want even air flow from all vents anyway as some areas will need greater volume and others less volume depending on a lot of factors such as where the room is located in the building, windows and other low-R value fixtures, exposure to south/west vs. north/east, ceiling height, etc.