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.

Current loan rates, HOA fees, maint. costs, property tax, insurance, and rental rates for certain areas in SLC, trying to match up purchase prices and rental prices. 

As far as actual income needed in order to qualify for a conventional loan that is a hard question to answer since there are a lot of factors that come into play when qualifying for a mortgage such as purchase price, down payment, property type, is there an HOA do you have 1 car loan or 2 or 3, do you have 3 credit cards and 5 department store cards, do you pay child support and or alimony.

It’s the ratio of Income / Expenses (tax insurance HOA and loan payment).