Hi everyone,My name is Mark, and I'm an investment banker in NYC, but am originally from sunny Southern California.

However, my dream is to be back home in sunny side San Diego.

And, no more than 15% of units can be delinquent on paying fees and assessments.See the lengthy B4-2 section of this Fannie webpage:  https://www.fanniemae.com/content/guide/selling/b/...For an idea of all questions you will need answered by the HOA before getting a Fannie or Freddie loan, see this standardized questionnaire that was recently released by Fannie/Freddie. https://www.fanniemae.com/content/guide_form/1076....In review of this data, and by giving a call to the HOA manager, you should be able to figure out if your HOA would allow conventional financing with Fannie/Freddie.In addition, FHA certification of the condo project will increase the property value because there is a larger pool of potential buyers for a flip or down the road.  

Just say no to smokers unless you want to market it as a smoking unit and limit your tenant pool.

Its been a very good investment but it has been an incredible account of work due to volume back to back bookings and the pool is a daily chore in our dirty windy desert.

I felt really good about my PM, but I didn't have a large pool of quality candidates.2).

Pooling resources in the beginning is a great way to start.

A much larger home with a pool down the street was sold recently in April for $131/sq ft.

For the time being, I'll continue to do just that until I figure out how I want to jump into this pool.  

I look forward to networking with people in the Inland Empire out here in the beautiful sunny southern California.