, claiming we painted the house an unauthorized color without prior approval and that they have placed a $1,500 lien on the property until we resolve the issue with the HOA board.  

Is it an option on your boards MLS?

The trouble I have with HOAs is they are ran by a board of volunteers that lack the experience and knowledge to take on that kind of responsibility most of that time and if there is a Managment company they can get stuck following the boards lead.I do own condos (early on purchases)and try to stay active on the board to make sure I have a controlling stake on changes and influence on the way the property is being steered.Your in Buffalo Grove with the proximity to areas like Grayslake, lake Zurich, & round Lake where there are plenty of single family deals getting better rents for the same cost of a condo and maybe even a lower price.

Bulletin boards worked for use and cost nothing.

The part that takes then longest is measuring and cutting the boards with a saw to fit certain areas.

Only cost left is to get a new radiator installed below the window.Cost is as follows:-American Standard "Standard Collection" Pedestal sink (new from Craigslist) $80- Delta Faucet $120- toilet seat $6- Sherwin-Williams "Windy Blue" mistinted paint $5- Sherwin-Williams "Dover White" mistinted trim pain $10- MDF 1x4 trim boards $25The BeforeThe After

Hi Zachary,Multifamily has always been of interest to me but I decided to build a cash only portfolio with SFH before jumping on board with Multifamily.SFH is lower risk IMO due to the $$$ amounts being smaller.Starting off with SFH will definitely get you well prepared for the complexities that investing in Multi's will throw your way.Thanks for reading.

The scores are all over the board and not 100% accurate but they do give a general idea.

I have to believe this is true across the board.

I am not an attorney, however, so please do not take this (or anything else on this board) as legal advice.