Otherwise it is almost always more beneficial to get financing for each house individually due to better/cheaper terms.  

I've avoided buying laundry machines so far, in order to not be responsible for their maintenance, but I am willing to buy a stackable if that's what it takes. 

I can understand why the association would not leave it to individual owners to get it done, as most simply wouldnt do it (And if not done, could burn the whole place down).   

@David Eichhorst Thank you for your response!

The individual line items I have mentioned will be more in line with my projections than your lender's estimates. 

Marketing your property and conducting a thorough screening will help to ensure you have leads and a new responsible tenant.

Only a Self Directed IRA require a custodian who is responsible to make the deals, meaning they sign the papers etc, this costs money and time.

We just sent our second round of apartment letters and got 5% response so I am curious about doing storage.

There are companies (probably will have some individuals contact you on here) that can point you in the right direction.

(I opened the Florida markets and ultimately was responsible to buy/rehab/lease/manage over 12000 single family homes which we bought 1 at a time from Q2 2012 to Q4 2014)  Lucky me, I can say I have signed more individual closing packages than anyone in Florida history... that and $5 still only buys me a cup of coffee at StarBucks!