We did not do our due diligence regarding the HOA rules and found out after purchasing that we are not allowed to do short term rentals. 

Sounds like you're about to graduate from college - are 21 or 22, have been diligent in your savings, and looking to do more than the average schmuck your age. 

If you plan on short term rentals for condos in those area, make sure you do your due diligence!

Do your own due diligence and don't depend on a 20-30 minute Zoom pitch.Good luck. 

Take ownership of your mistake and learn to do the proper due diligence recommended above😊

It includes paperwork, scheduling third-party inspections, and meeting critical dates for due diligence and closing.By leveraging technology, we use platforms like Asana to assign and track tasks.

Exploring foreclosures, REOs, or sheriff sales can be good opportunities, but they require due diligence and possibly some cash reserves.

Owner-financing can be a great strategy for passive income, but since you are now the bank, you need to do due diligence on the borrower to make sure they can make those payments. 

Having 90k is a good thing, but you don't want to take what you have so diligently saved and invest it in an asset and asset type that you have no experience with.

I just think its hilarious that so many real estate investors are just immediately writing it off without any due diligence.