The real estate investor group is super active and they share all of their events through there and their facebook group. 

I did the math right now, and there are 2.68 months inventory in Killeen. (2217 sales in 2017 / 12 = 184.75/mo. 493 active listings / 184 = 2.68). 

They genuinely do not want to know so the less they know the less stress you will have in operating the business.If she does come around and wants to be involved you are stuck with a spouse as a active business partner.

To be more exact, only half of the house caught fire and the other half got the water and smoke damage from the firemen and all that.The place is uninhabitable; tenants were not home when it happened thankfully and moved out the next morning.Now, I am awaiting for the adjuster to assess the damages.

I wanted to clear a few things in case It happens again.In a deal like this, how do you guys deal with the HOA, meaning, do you investigate about active/potential special assessments?

To make things simple, assume rents and interest rates stay the same and the home value appreciates, so you're not spending any additional money on value-add activity , to $120k.

It is the other buildings, other owners who do not actively participate, HOA board, and management company that should get the blame. 

Send me a DM and let's get on the phone, I can walk you through the process.Also, see my thread about one of our active development deals, which outlines almost the entire process (not done yet, but soon): https://www.biggerpockets.com/forums/44/topics/427...

The types of loan you need, the way to assess the value of a residential is different than a 4+ units multi family. ... 

The only downside for me (besides debt service) is the opportunity cost of not having the money actively invested.