As far as repairs and maintenance if your looking for small rehab deals that price range your looking at will be very slim and if you find something in that price would most likely be in your C or D areas, with that being said back to first question are you willing to manage them or not?

This comes into play because then your agent probably has a good idea if the agent on the other end of the deal is someone who is truthful, or a ********ter.

She says she just doesn't want to deal with it anymore as she is elderly and its a hassle for her.

Nothing to absurd. advice: just get involved, but make the deal work.

So check around with different HOAs and see what ends up being the best deal for you.

NOT but the cash flow is great if you find the right deal. 

Lastly, something to think about: a few investors set up a management LLC that will not own any property but, in turn, deal with any third parties.

@Kinnari Pandya depends on what types of properties and corresponding tenants you want to deal with.The Midwest offers lots of affordable opportunities that can cashflow well.

What made you interested in investing in this type of deal?

., this isn't the kind of deal you can base on comparable sales. 1.