However, in many cases you likely won't be able to obtain by-laws until you are under contract.I would have your attorney include a specific "HOA" rider in the contract for this exact reason- It basically would require that you have ample time to review the governing docs of the HOA, such as master deed, current by-laws, current year’s budget, and last two years of audited financial statements, association meeting minutes, etc. 

Looks like they require a license per rental from the city.

Most wholesalers require no-refundable "earnest money" so in the event the buyer backs out of the contract, you are not at a loss. 

The state wants a separation as a step to divorce and if a partner lived away from home how does that requirement work?

Including, but not limited to:- market- capital required to renovate the four units that need renovation- expected operating expensesFeel free to provide here or message directly.

This strategy can generate quick profits but requires a good understanding of renovation costs and market trends.House Hacking:Live in one unit of a multi-unit property while renting out the others.

There were a handful of issued that required some decision making but other than that we have a really good crew down there and they make my job super easy.

@Jordan MyerThank you for the advice, I think that is what I am going to do as they are good tenants generally, they just need to comply with the occupancy requirements which can be fixed by updating the lease and ensuring there is no fourth occupant.

Quote from @Andrew Syrios: $200,000 at 22 is a really good place to be quite frankly. thank you, it has required an immense amount of hard work and sacrifices but it’s been worth it. 

There are strategies that you could do to try to get future paper losses reducing your active income, but those require you to change your income-earning activities.