Appreciation may be slightly less than a SFH, but the argument that the dues eat into profits hasn’t proven true for us.

I have private on it now but it’s eating me up. 

HOA fee's can really eat up your profit and even dealing with them can be a pain (I recently changed the door knob to my gf's condo to a smart lock and she got a letter saying if she doesn't change it back she will be fined since they want all the doorknobs in the building hall way to look the same or something along those lines.)(-_-)  Also condo's/townhomes just don't appreciate in value as much as Single and Multi-families do which is important if you are trying to be a buy and hold investor.

These were all sourced pre-CV19, so eat the fish and spit out the bones.Ridge Lending All in One, first position HELOCAFCU does 80% LTV on NOO.

Is this a scenario where I need to eat the deposit?

Also, this is our tenant applicant criteria which are listed at the end of our tenant screener, which this guy filled out and should have seen: Our tenant screening criteria is as follows:- Income must be 2-3x monthly rent - You must be able to pay first months rent + $400 move in fee + animal move in fee (if applicable)- Positive, verifiable, rental history free of evictions, any late rent within the past 3 years, and able to provide a positive reference from current and/or past landlords. - Positive history of on-time payments for past 2 years- Willingness to live in an owner-occupied unit and obtain renter's insurance is a requirement. - Ability to pay $29 for background check and credit check. - Ability to pass a background check. - Ability to pass a credit check with a credit score of 670 or higher.- Willingness to comply to a non-smoking agreement within the unit. - Animals must be current on vaccinations (with proof), dogs require a pet interview, animal rent of $25/month/pet and $150 one-time move-in fee for pets- Positive, verifiable 2+ years of employment history.Thanks for your insights!

If it is trained to do a simple task and taught that it will receive a grape for doing it, it will do the task and eat grapes all day long.

These days I can eat dinner with my family and just sneak off downstairs to network and talk real estate.

Depending on the age of CAPX items along with the other factors, could eat up a lot of that cashflow fast.

Definitely eats into cashflow.