I tend to classify Buyers of Assets into two categories: 1) Investors and 2) Speculators. 

The issue will be identifying which commercial zoning category you need, highest and best and then getting with building regulations and seeing what the degree of rehab will be required.You can't know what the rehab costs will be until you know the standards to be met in the rehab.

Close proximity to Midland, Texas would be a bonus, although attorneys and CPAs here are ALL oil & gas specific!!

But like @Amit M. said, if it happens, you have that protection (+blowout bonus points with 30yr fixed).

So maybe Sue's stuff falls into that category.

@Michael Cox welcome to Bigger Pockets.There is actually a forum specifically for HOA stuff HOA ForumIt can be found under the general real estate category link to the right.There are a LOT of smart people here.

We are rehabbing a house and have the option of adding a walk-in closet to two of the bedrooms or adding a decent sized Bonus Room (office) to the floor plan.I say Bonus room as the home it is size of a bedroom but due to septic sizing it can't technically be a bedroom.So if you had to choose for resale value, which would you pick?

What I do is pay a good bonus.

Listen to these (at least the relevant ones) http://www.biggerpockets.com/renewsblog/category/podcast/ And ask questions whenever you have them.

Turn them into a better marketing bonus for your apartments."