You can learn a lot  by joining your local apartment association, and reading their magazine.  

Fast forward to Dec 2014 the Condo Association has filed a Notice of Lis Pendens to foreclose on her for not paying her HOA fees.

The carrying costs That Are Associated with a property holding for this long must be factored into all your all your math and equations as well.

I don't k ow about the road cost... but I imagine your local builders association would have some good folks to refer you to.

I believe I have enough to cover my rehab costs but I wanted to know all of my options.Also, is there something I should keep in mind when using a HML other than high interest costs and filing costs associated with obtaining the loan?

The subject property which will be an investment requires 6 months PITIA (principal, interest, taxes, insurance, association dues).  

@David Dachtera, let me ask you a different question, seeing as we have fundamentally different points of view, contradicting each other is not going to produce anything constructive.What is it that you have gotten out of your association with Renatus that makes you such an enthusiastic proponent?

Basically, you avoid the costs and time associated with an eviction by giving the current resident an incentive to vacate the premises AND leave them in tidy order by offering a certain amount of cash for them to turn over their keys. $250 or $500 might get the out the door in a week.

If so, is it as simple as calling around and asking them for all their fees associated with closing on the loan?

Hello Everyone,I've noticed that the forums for the NYC market are surprisingly sparse, but I'm assuming that's due to the level of difficulty associated with breaking into the market here.