My highest for a pure rental is $1,250.

Hi @Enrica Binion, I'm a real estate investor and own a bookkeeping & fractional CFO firm that purely serves real estate investors.

If it is purely common, the HOA will have some responsibility, but even so your personal policy will come into play as noted previously.

@Anthony CummingsCleveland OH is a great market for purely cash flow. 

There's no right or wrong answer here, it really boils down to what each side wants and whether the other side thinks it's fair.From pure negotiation standpoint, the fact that you are looking to take this investment after the deal was already started, that tells me that you need him more than he needs you. 

Rent it and cashflow like crazy, pull the money out and leverage the property to buy something else, or sell it to someone who is wanting to buy an investment property in the area but didn't get in before that market grew.One side note, I wouldn't buy something purely on the belief that it's going to appreciate, and all of the amazing things I listed above are going to happen.

Let's say this is pure profit since your debt free. 

@Yuki JonesA DSCR loan may be a viable option if the intended use of the property is purely for investment purposes, rather than house-hacking.

My goal is to purchase a Multi-family or small commercial family building out in Tucson.Hoping to catch some networking events happening or just buying a drink with anyone whom may be able to talk shop with me.Looking forward to chatting it up, learning and growing!

For example, you can get a Line-of-Credit and perhaps try that approach, or use your Self-Directed IRA, or just finance it with PURE CASH which can be money from your own personal sources.I hope this helps you and answers your questions.