That's great news!

Shortly after moving in they start seeing the investor as the big bad mean rich guy/girl and look for ways to scam the house out from under the investor.Bad news all around.

While real estate isn't the most efficient type of market, I believe that property values have been priced accordingly with the recent news.

Good news, I have renters before the sales close.  

@Jerry Padilla Thank you for getting in touch with me, I'm much more comfortable hearing that news.

The good news is that the bank is through most of the steps and has been out to the property for the appraisal already.

Good news if you're thinking about renting out a condo or HOA bound home and ran into association troubles. 1.House Bill 684 pertains to the Condominium and Property Owners’ Association Acts and makes the following changes regarding the rental of a privately owned unit: First, associations can no longer prohibit the owner of a unit from renting it or evict the owner’s tenant; Second, associations may not charge any fees in excess of $50 or charge any kind of deposit, security or otherwise; And third, requires the association to recognize the owner authorized agent without needing the power of attorney, as long as the agent is licensed by the Real Estate Board.

@Dallas Jacobsen, I hate to be the bearer of bad news but I don't think you qualify for capital gains exclusion.  

The good news is there are deals out there if you so the work to find them.

I would subscribe to the local business journal or news site to get more up date developments.