Fundamentally, I want a balance between an efficient, market-rate park and tenants who are happy and comfortable.

In a free market the rents would reflect the scarcity of a great product but the government tries to meddle in the free market which at least in the short term increases the scarcity. 

Airbnb- house go off the market for housing.  

When you do renovate, what are the long-term plans with it to have it stand out in such a popular market?

To be "bullet proof," diversity is key ESPECIALLY when investing in one sub-market.

Is anyone here looking into opportunities in Markets in Europe (Portugal, Spain, etc)?

Hi @Kathleen Park - In my opinion, any type of HOA fee should be paid for by the housing provider, but if you want to account for it in the rent (if the market allows), then increase the rent by $100.What does this TAP program do, and what's the purpose of it?

Quite often I see the seller requiring some type of downpayment, with interest only payments (usually higher than market rates) for X years, with a balloon payment due at the end of the term. 

Would it make sense to save up money to buy something cash, finance, wait for market to cool down, etc.

We find flip deals in the Reno, NV area that are on market and you can sometimes even have inspections done.