And if your're holding, it depends what type of rental it will be. 

Again, it would depend significantly on your current situation. 

It depends on your level of experience and confidence in execution but usually relationships like this start with skin in the game from both parties to be fair to both sides. 

I'd assume the hard part might be getting the HOA to sign off on that type of renovation...I could see this working in Chicago, but may depend on the neighborhood. 

One a buyer finds a house or a seller gets a contract and you close in 30 days, you get a check.Commerical...first check might be 3-6 months and maybe longer depending on what type of commercial you do. 

Hope that helps, but definitely depends on your situation and what exactly you might be looking for!

Since you won't have to wait on draws, inspections, etc..Always an "It Depends" answer - varies based on personal situation, capital and risk tolerance. 

It really depends on what the seller wants and what return you want to that it still makes sense

But, as I understand it, the answer to your question may depend in part on whether the property is "available for rent" (even though not actually being rented) for the other 6 months of the year. 

In other words, if the drainage pipe breaks resulting in water intrusion, responsibility for the damage is assigned depending on where the pipe burst.California's insurance crisis is taking a toll on HOAs.