2 large bedroom Condo tip~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~-> Check recent purchase history via mls.

The mayor of chicago is pushing through one of the largest property tax hikes the city has ever seen in history.

It can actually get a little complicated in Washington depending on which act the structure falls under and what the procedural history is.Most commonly though the HOA's CC&Rs include a clause subordinating HOA liens to a lender's mortgage.

Being a new investor, I don't have prior data to go off on the appreciation history of rundown neighborhoods.

I can't count how many times I have heard that:$-credit doesn't matter, it's the deal$-no one checks your credit in this game$-It's so easy to find lenders no matter your credit history$-Hard money lenders care about the deal not your creditWhat a load of bull.

I think for the most part the "numbers" and their conclusions match pretty well with what I (and many others here on BP) expected, now that their portfolio is "stabilized" and they have some consistent operational history and have seen some tenant turns.

@Greg Mitchell  I sometimes "give an inch" for tenants who have an otherwise good history with me but as a general rule, it's usually best to stick to the rental agreement. 

Focus on screening tenants (credit, criminal, rental history) and mitigating probability of an eviction.

Your history of landlording will help you in qualification for a conventional loan, you'll just have to meet the guidelines as any home buyer.Age is not a factor!

A little history about my home situation:I bought my first home before the market crashed in 2006 (foreslcosed on) and now Just bought another home under FHA.