Depending on the account, you may have to keep a certain balance for a business checking account.

All companies change over time, and it is important to find one that will grow with your portfolio in a balanced and sustainable way.

What we are seeing here is the balancing of the local economy due to increase in population and business development - plus the cost of living here is ridiculously cheap. 

In this case, the first one listed to assume the $1.82M loan, your assumed loan is only 56% of the purchase amount so you would need the balance 44% plus closing costs, loan assumption fees, operating capital and reserves.

The association replaced some lights and siding and did a back deck repair on them while I owned it, but I ended-up replacing a bad garage door and air conditioning condenser because those items were not covered.With an HOA, your fee is supposed to go to ongoing maintenance and some larger replacement items, BUT.... if the HOA is bad at managing their money and/or they have a bad balance sheet you could and likely will get stuck with the bill as a special assessment for your portion of that capex item. 

They financed this amount (higher loan amount) and any non utilized portion is reduced from the principal balance.

That would make the balance $12,935.

AND you have to itemize any deductions from the security deposit with the check for the balance (if any).

All I do is expect to gut the kitchens and baths and do all the balance (paint, flooring, electrical/plumbing fixtures, water heater, etc.

I would probably need to make at least a 50%+ profit margin to balance out the risk.Any thoughts or concerns would be greatly appreciated!