Prefer to stay away from condos due to HOA fees. 

I generally stay away from condos simply because my investment strategies don't include paying HOA fees on rentals - unless of course, it is a hugely discounted purchase price.

i am reading the court documents regarding an HOA foreclosure property that i am interested in and i noticed that there is a line that says" Any person claiming an interest in the surplus from the sale, if any, other than the property owner  as of the date of the Lis Pendens must file a claim within sixty (60) days after the sale" can the tenant, property manager, family of the owner, MY FRIENDS, claim this money?

have you ever read the summary final judgement of foreclosure document with regard to a HOA foreclosure. there is a paragraph that has me stumped. the notice is sale basically says in one section that all defendants and herein or hereafter are forever declared barred or foreclosed. 

Should the writing off of the HOA fee make a difference in deciding to close on a deal or not ?

No condos and HOA fees?

Condo investing presents some unique risks, including the presence of an HOA.  

Do you know the rules and/or laws for your municipality or neighborhood HOA or COA?

Counties, cities, and HOA's all have their own laws, rules.....it will be the most restrictive one.

I calculated that the principle and interest will be $750, the HOA is $325, and I assuming that the property management fee would be around $120/month and taxes and insurance around $150/month (please check me on the latter two costs).