Not sure if you are the lender or the buyer, but I've also heard/seen several buyers who have paid off the contract for deed, but can no longer find the seller to provide the release. 

HOA fee will probably continue to increase, you never know when an expensive assessment is around the corner and there is some potential for a price crash as they are really overbuilding (imo).

Furthermore, I have cultivated a substantial network comprising over 1500 potential high-earning investors with whom I've established professional relationshipsI acknowledge the significant barriers to entry in the multifamily sector.

EDUCATE YOURSELF - yes, it will take time, but will lead to a selection that better meets your expectations & avoids potentially costly surprises!

Any advice, tips, or potential collaboration opportunities would be warmly welcomed.Thank you for taking the time to read my introduction.

Assuming both properties are/would be LTRs, these would be netted together on Schedule E, which would flow through to Schedule 1 and/or Form 8582.You'd also want to be aware of the potential for depreciation recapture when going to sell the property if you're not using a tax-deferred exchange.

Most of the OOS markets investors target do not have much appreciation potential, are lower end properties that will have ongoing issues and will not give the OP the opportunity to self manage his units to gain true real estate experience and understanding.

If you want cash flow go to a market that has some potential, Killeen Texas. 

Near me it's becoming a buyers' market, so I am eager for the full-shift and reality that comes with that.

In the State of Washington, the buyer is entitled to possession of the home on the 20th day after the foreclosure sale.