Hey @John ArendsenTaking a look at the sales statistics from CAR,  distressed property sales are actually going down, as equity sales accounted for 94% of sales in September and October (Down 3% from 2014)Here is the full write up, if you're interested:http://www.scribd.com/doc/291048108/Distress-Sales-PPT-Oct-2015

The umbrella costs me $1000/yr and it sucks to write that check, but averaged over my 50 units it is $20 per year.

Let them know in writing that what they have done is not listed in the HOA CC&Rs.

@Ashley Wolfe  its very nice of you to ask... however your broker only gets paid if they represent you and write the contract for you.. ( unless you have buyers brokers arrangement which are fairly rare).So when you have an agent working for you and you feel they are bringing value make sure you use them to make your offers on listed properties..Nothing worse to an agent then to work with someone only to have that client go direct to a listing agent and cut them out and the buyer is not cognizant of how this crush's your agent.

Although the properties I am about to mention were primary residences, and not really investments, I writing this in the hope that my story so far can demonstrate the following: 1.The power of appreciation in developing countries like India2.The power of goal setting, positive thinking, and taking action3.The importance of networkingIt may come across as bragging but it’s not about how humble I can be.

I know rich people that have removed walls and even a swimming pool in rentals without asking permission.Do not assume, because someone is rich they will take care of your property.In short, money does not keep meth or cocaine from screwing up someone's mind.Also do not assume rich people will just write you a check to cover damages. 

A writing is not explicitly required.

At the end of the year (or whenever it's due), the bank writes the check to the county for the property taxes. 

Write down a policy of first-come, first-served, and make sure it is clear.

It costs me $45 for them to write up the lease.