@Artur Zielinski If there is an actual lien filed for the over due hoa debt, you’ll have a starting point…adding on approximate attorney fees, ongoing dues, etc.  

I plan on going through my previous expenses this week and start cleaning uo my books for an accountant to look at for taxes.

Be persistent and move it fast and keep on going.  

Hidden costs like closing fees, refinancing expenses, ongoing property ownership costs, and unexpected financial surprises can erode your profits.

For about $10k, you're looking To collecting $6.6k per year in rent.If no major or ongoing repairs, you'll make your investment back in a few years.I think getting the tenant right is the most important thing.  

Anyone that's been investing in RE for any length of time has been through the same exercise - it's an ongoing process for me and I've been doing this for years. 

So you get to use all of your original capital and the deferred tax in your next project and on going.  

I decided to turn the property into a duplex so I refinanced for 420k and the gross rent is expected to be around 10k a month for the rental ( work is still ongoing ) .

Think some discount on ongoing service for you and me). https://www.foundationshield.com/

The massive appreciation and ongoing rental rate increases are also secured by major buyer demand uniquely fueled by: 1) Desire for this beautiful area (Which in turn is fueled by increased Sedona tourism)2) Our ample and clean water supply3)(full circle) The strong STR's returns in Sedona, creating a large and aggressive buyer poolI review the town of Sedona official data (monthly and annual reports), so that I know what's happening with the local Short term rental market.