As part of my day job I am a business process expert, specializing in credit origination, capital markets, asset management and alternative investing.

I'm new at real estate investment and have been reading everything I can on investing properties, specially at Bigger pockets.

I'm new at real estate investment and have been reading everything I can on investing properties, specially at Bigger pockets.

Should an HOA be allowed to give credit to owners that are able to participate in a clean up day exempting them from a special assessment while assessing the rest of the owners that do not or, more important, cannot participate (whether they have to work on that day or are disabled)?

The line runs through their regular coax cable and uses what is essentially a special modem.

Do you know if there is anything special with this house or the area around it?

This does depend on the bank though, both rate and property value.There may be some special restrictions for HUD homes.

There technically does not need to be a partnership return prepared as a rental activity can be reported separately.

Another possible tack is that the association sues you for an injunction (that would require you to fix the roof); or, they may (depending on the governing documents) replace the roof for you and levy a special assessment on your property to cover the cost.

The success or failure of this type of investment is largely determined by WHO you are doing business with.In summary, I like the strategy but you have to do homework on the deal AND the sponsor, talk to references, obtain and verify track record information, and be prepared to NOT invest if things just aren't adding up.Good luck!