All of my previous properties I have either used a Bank mortgage or I have simply bank rolled myself.Currently, I am in a position that I have an opportunity to purchase and flip two possibly three houses. 

I [almost] never offer a land contract or seller financing because, in the event of a default, the seller will have to foreclose in our State vs. with an option, I can simply evict just like a rental.I have done a few low end contracts recently, however, with 40%-50% down [which usually covers the initial investment].  

I'm not disagreeing that minutes are important, I'm simply making the point that their absence from the resale package isn't necessarily an indication of a problem with the association.

At one point is was ready for drywall, but now woodpeckers have blasted enough holes in the siding that all the insulation needs to come out to check for nests, bodies and all other denizens of the wild that may have found their way into the dwelling.He told me it is going into foreclosure in September.

It's a black hole.  

We're up to $975 for the two units in costs, offset by only $750 in revenue, leaving us in the hole $225 from the get go.

It's simply an accounting methodology and there are actually no funds transferred between any parties.

Not a big difference but I do have some equity to free up that can be used towards a future down payment.My biggest issue is that I have great credit and would be more concerned about the potential negative effect of a credit inquiry, and might be better served simply using the good credit (as is with no further inquiries) in order to borrow a bit more (instead of a refi for extra down payment money).

If not, and they cannot react quick enough to your needs to see places fast than just simply find another agent.

Perhaps they just like to stick it to the man or they perceive that commercial customers will simply use more water.