If you know who the HOA attorney is you could send them one too.

The lender I have requires a statement from the HOA showing the ratio of rentals to non-rentals.

There is a quarterly HOA of $900.

There is also a solar system on the property at $107.13 per month for 19 years and an HOA at 99.00 The buyer has a judgement hanging on to them in space causing the underwritter to not approve a loan.  

Purchase Price: $260K Downpayment: 3.5% via FHA loan = $9,100Closing Costs: $7,800 (Asking seller to pay)Rehab: $0 (House is in excellent condition, with limited/no rehab/upgrade potential)Total Cash out of pocket: $9,100Annual Rents: $36,000 (2,200/mo from house [utilities included], 800/mo [8 nights/mo] from Airbnb = 3K/mo)PITI: $19,417 (30 year fixed @ 5% - estimate, need to find a lender)HOA: $2,328 (includes cable)Utilities: $5,160 (Electric, Gas, Water, Trash, etc)Other: $6,120 (6% Repairs, 6% CapEx, 5% Vacancy Rate)Cash flow: $4,775 ($398/mo)Cashflow Margin: 13.3%2% rule: 1.15%50% rule: 41.8%Cash-on-Cash: 52.5%Cap Rate: 8.1%Gross Rent Multiplier: 7.22Debt Coverage Ratio: 1.3Thoughts?

Add the HOA fees and there is no profitability.

As such, I am currently debating wither I should try to rent out my condo (starting Summer 2017) or sell it after the Wharf opens.Some pro's for renting, I think, are that I would be able to keep the tax deductions from being able to itemize, I would have someone else paying my mortgage, upkeep and maintenance are minimal as the HOA does a majority of the work and I would get to hold on to the property as more development continues to happen in the area - as there are several on the books. 

Government toyed with printing paper currency with no gold reserve and make money more available to encourage people to buy homes.I went to several major lenders and they already jumped on the bandwagon even before the December announcement having mortgage interest rates around 85 basis points higher and start charging points for some products.This study focuses on different loan programs popular in Silicon Valley, CA.Conforming loan (PITI-Santa Clara County, CA) vs required gross income For a conforming purchase loan of $417,000 for a 30 year fixed rate with 20% down $521.25K purchase priceThe monthly mortgage(PITI) w/o hoa due and annual income required is:- 3.8% $2,540 $78K-with an assumed 10K debt 2015- 4.3% $2,665 $81K 2016 Nov- 4.8% $2,785 $85K 2017 Mid year- 5.3% $2,925 $88K 2018?

There is no option for short-term rentals in this community due to HOA guidelines; my focus is to target tenants interested in a long-term rental property (12 month lease(s)).I'm looking the list of the top property management companies.

The problem are the HOA to expensive and to many rules