I'm not entirely sold on the idea of note investing over buying and holding rental properties. 

Within the next 2-3 years I plan on buying my first home. 

We're selling a duplex we own and plan on buying a house that also operates as a business.

But the better answer is, don't buy a house if the only way you can cover the nut is to rent out a room.

John Bianchi’s free course, which is about 30 hours long, is super helpful for anyone that’s trying to figure out what property to buy and how to design the property in a way that will allow it to be highly competitive in its market. 

So, if in the future your actions cause an HOA to take legal action you lender will likely be notified and call the note Due on Salewhen they find out about the title transfer.If you use the property for a rental, abide by the rental percentage allowed and don't let your tenant violate the CCRs, usually on parking and number of cars.I buy in HOAs using subject to and wraps and that is what I teach my students to do, allowing for the possibility of the lender being notified.

If you do not own a primary I would suggest buying a primary and getting a 2-4 unit to start off with a multi door cash flow.If you buy a primary you do not need a PML you can get 100% financing under a few programs or a DPA.

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Why are you buying a property not connected to city sewer already?

I hope to repay whoever can guide me with my consistency, my loyalty, and everyone’s favorite… money!!