I own a condo that I rent out and have been helping to facilitate a HOA forclosure on a couple of seriously delinquent units.One of them has the bank ready to payoff 7 months worth of fees and asked for the EIN# for the condo trust.After talking with the lady that handles the finances she says they don't have one and best as I can tell she is correct.We will be getting one to secure the payoff but this begs the question of what to do about the like 30 years of unfiled 1120H returns and what to do going forward.I also dug in a little into the association I live at and found that we do have a number and have done tax returns, just not since 1991...What kind of liability could these associations be looking at?

@Nicholas WecksteinDo as much due diligence as you can, study as much as you can, and then cross your fingers.

To put my finger on it, what most investors are probably looking for (and by most, I mean the people in the middle of the spectrum) is something that cashflows pretty well (10%+) but also has upside. 

With so many ideas and plans of attack at my finger tips now, i feel it won’t be long until I’m swimming laps.

I have a lady that has 3 German Shepherds living in a home of mine. 

I live in the house and rent a room, so I may not have as much trouble (crossing fingers). 

A lady here in our area is trying to do that and her place has been sitting on the market for over a year.

Problem is, families have balked at the house so far (I've even had one lady tell me my house was "too big", and she had 4 kids!!

A lady expressed interest in it one day when I was there working on it, so I walked her through it.

Hello there, I am a young wife and mother who is going back to work soon to have funds for my husband and I's real estate endeavors. He wants to start our journey by wholesaling and also buying investments with little...