Hi community,I'm planning to house hack in Richmond or Fredericksburg/Spotsylvania and am considering renting by the room using short-term, mid-term, or long-term strategies.

All the contracts, terms and conditions were signed by both parties and the title company even validated the purchase price weeks before closing on the title commitment.  

So, if in the future your actions cause an HOA to take legal action you lender will likely be notified and call the note Due on Salewhen they find out about the title transfer.If you use the property for a rental, abide by the rental percentage allowed and don't let your tenant violate the CCRs, usually on parking and number of cars.I buy in HOAs using subject to and wraps and that is what I teach my students to do, allowing for the possibility of the lender being notified.

@Chris Seveney is right....you will likely pay way more than you planned to finish the project, but in my opinion, the most important thing to do is stop the bleeding by finishing or cut off the arm completely by selling the property.  

Hey, could you elaborate what you mean by "leaving money out of the deal's proceeds in the deal"?

You're on the right track by joining BiggerPockets.

But you can avoid these things by investing outside of the city proper.

https://www.biggerpockets.com/analysis/rentals/b4636fbb-f12f...View report*This link comes directly from our calculators, based on information input by the member who posted.

There are several interior decorating apps out now that are powered by AI. 

Everything else is done by people I trust.