Robert Jones, I would e-mail the HOA rep, 1) ask for a delay of 90 days in order to 2) ask for a hearing and 3) submit copies of your last passing roof inspection or insurance bill that shows it passed, pictures of your home to show it's still the original roof, possibly a statement from a contractor saying your roof is fine, along with 4) your e-mail explaining your reason for disagreement with the board and your request that they re-evaluate their decision.

That book tells you about valuations of properties, appraisal process and the markets as well as comps.Negotiate a price, again, that book will talk about required disclosures, contracts and issues to look for to base your deal on.Say you take an option, get it signed and file it to protect yourselfGo to your buyer and sell the option to themYou might set up closing and let the real buyer do the buyer's sideYou go to closing and collect a feeBut, this may not be that is accepted locally in your area, a closer may not work with you, so now you have pie on your face because you didn't learn from the beginning.Gurus that say just jump in a deal are giving poor advice, you could muck around for months even years if you stayed at it and be dependent on others while you are used, ya think they want to teach the local competition?

Of course the REIT's never talk about the years where they went from 12% returns to zero percent or negative.You give up total control to them and it's hard to sell off your interest later on if you want to do something else with your money.Some people love them but I do not like giving up control and placing total faith into someone else for investment decisions.

But they shouldn't be giving you ultimatums.Ultimately, you have to be the one that makes the final decisions on your deals.

The seller wanting to back out could have misinformed information and is making decisions based on bad advice they have received.

At the end, I am doing all this for something bigger than money; I grew up in a typical "rick dad, poor dad" family where they give you education and that's it.

How much over your renovation budget will trigger your walk-away decision?

We are a B Corporation registered in Mass. operating in Georgia.We are a real estate development firm committed to social and environmental impact utilizing smart growth, sustainable and new urbanism principles.By becoming a B Corp, it allow us to make corporate decisions with investors dollars based on environmental and social impact.

I asked this question so that I would make the right decisions in the future with more acquisitions.

This might be making decisions on acquisitions, sales, or rehab strategy, tenant issues presented by property management, employee concerns or guidance, etc.Another third is acquisitions research and raising capital.