On the one hand, they offer benefits like communal amenities and maintained aesthetics, which can be a draw for potential guests.However, the flip side of that coin is that HOAs hold the power to change their regulations on a whim, which can be a massive roadblock if they decide to shut down short-term rentals.In some fortunate scenarios, HOAs are quite amenable to Airbnb operations, and it can indeed work to our benefit.

The property was it terrible shape and needed a massive amount of cap ex, with the owners not willing to negotiate much on price it didn’t make sense.Are you working with locals banks, SBL or something else?

You need to couple that with something that will at least cash flow the property, otherwise you're making a major gamble and paying for it, but getting the progress right leads to MASSIVE gains with enough time.

Even if it doesn't your entire living savings have now been used to purchase a massive liability that you need to put more much more money than rent into each month.

A few updates:After serving the lawyer's three day notice to cure or quit, the tenant got rid of the massive piles of debris, belongings, and trash that were in the driveway.

Household formation expanded rapidly during the period of massive government stimulus and it's contracting during the subsequent period of high inflation.

Massive dishonesty.

Everyone knows of that guys who bought a home and sold it 2 years later for a big profit and everyone knows the gal who purchased a home and sold it for a massive loss. 

Right now, Austin has 42 towers in development in the central core, a massive Tesla Gigafactory under construction in east Austin, a multi-billion dollar Apple campus under construction in NW Austin, a potential 17-billion dollar Samsung factory coming in NE Austin, as well as dozens of companies moving their HQ here in the past 12 months.

Your policy will get non-renewed and/or your premiums will jump massively.