There’s definitely HOA fees but aside from that I don’t know what to look for in additional costs..Any advice is greatly appreciatedThanks, Ben

They did forward me a legal letter that was delivered to them from an HOA regarding one of my properties but other than that, I just pay the money to satisfy the requirementhttps://www.indianaregistereda...

But, the one I ended up with was in the "perfect" location, in a small 17 unit Community, with low HOA fee and a pool just big enough to do laps when I am in town.

We rely heavily on HOA inspections for this, if there's no HOA we rely on neighbors and the city's compliance enforcement.

A city block for a few thousand dollars, half a subdivision near the center of a booming city for a few thousand more, nice lake view property in a good subdivision (no HOA), a 2/3 acre riverfront property for a couple hundred dollars, etc.

I will NEVER buy another condo due to the excessive HOA and Special Assessments.

Good lessons: perform more intensive due diligence on lot and owner back taxes, HOA and other liens before making offers.

Ive been very fair with her (haven’t raised HOA fees, improved the maintenance of the property, Etc.) 

Expenses are taxes, ins, utilities, and HOA fees.My question is should we rent full time and profit $7200 - $8,000 annually or sell (125k) and utilize 1031 exchange to upgrade to a larger vacation home in same area where rental restrictions aren’t as strict as Condo w HOA and rent multiple times a year without multiple HOA deposits and parking, etc.Price for upgrade home would be around $400k.

Other details: est. taxes – $153/mo (use this link to determine tax amount for any property in Vegas) + Insurance – $45/mo + HOA – $75/mo + management fee is typically  7-8% of monthly rentHope you find this info help.