The governing documents (bylaws) which, the management company is claiming is why it was denied, state:Limited LiabilityThe association shall not be liable for any failure of water supply or other services to be obtain by the association or paid for as a common expense or for injury or damage to person or  property caused by elements or resulting from electricity, water, snow or ice which may leak or flow from any portion of the Common Elements.... it goes on

What was the process like and how have results been so far? 

So while it's somewhat competitive, you can still negotiate some.I keep telling people we need to wait until the Spring buying season starts to really fully understand if the last quarter numbers were a direct result of the oil/gas price drops and resulting layoffs, etc., or just a function of that time of year being historically slow.I would love nothing better for my investor clients than to have prices normalize and/or lower, but I still think it's too early to tell.

The problem with most of North Las Vegas is that there are too many vacancies (too little demand) resulting in rents that are lower than Las Vegas or Henderson and a longer time-to-rent.

DON'T click on the investor ADs - that costs them money and no one wants wholesaler leads coming through their paid advertising targeted at motivated home sellers.DO scroll below the ads and look at the natural search results.  

HelloYou need to run some numbers first before you make a decision to determine if renting out your property will produce positive cash flow.If it produces negative cash flow it probably isn't worth your time even if the property appreciates and you still have your equity builtIf you were to rent for 1500 a month you should calculate all other expenses involved in the property and subtract from 1500 to determine cash flow.

My concern is that I will not know about anything that really needs a repair, and more damage will result.

They do evictions for the local property management company I use.I  hired Keyt Law do a few of my LLCs and Trust and had great results.

Hi everyoneI'm Mike Payne, and I specialize in commercial lease transactions here in Los Angeles,CA.Making the transition in to sale and purchase of income producing properties for a couple of high capitalized investors.

I have capital that has produced disappointing results in convential investments  I am considering investing 60 - 80 K all cash on a town home rental  this will give me a chance to test the waters and see if I want to go bigger  jay