The "little" HOAs usually aren't concerned if your tenant lets the grass get long for a couple of weeks and they don't make you get pre-approval on color selection for your front door.

I would just love to have been in that meeting when they got the selling agent signed up and he found this out.... he must have laughed then cried.

If I co-signed with someone with good US credit could I get a regular bank loan?

At this point there is a massive area of cleared land and a gang of earth-mover tractors and a few of the construction company signs visible.I can't really estimate the size of the clearing but it looks like it could be a huge shopping center or maybe just a massive warehouse.What I want to know is how would I go about finding out what is being developed on this land before its completed?  

Positive cash flow disappears when the $700 rent on your $600 payment drops to $500 or less and you notice one fourth of the houses in your area have For Rent, For Sale, or Bank Owned signs on them.We stopped buying and didn't resume buying until 1987.

Luckily they chose to sign a lease and pay rent. 

Your purchase price should maybe be +/- $2000 from the appraisal price, but typically you should pay the appraisal value.Everything should be in-house - rehab work, management, etc - a turnkey company shouldn't be making you sign a contract for a third party management company because then they aren't really accountable to you long-term, the PM is.Beware of scarcity or scare tactics in sales.

However, if you know for a fact that you are getting out or already have orders to PCS then an integrity check may be in order because you will be lying on your mortgage application when you sign the part that says you intend to occupy the property for at least one year.

Many have posted a few great tips already, that's the cool thing about this forum ;-) That said, I highly recommend using the awesome tools provided here on BP to learn the basics of analysis and underwriting.A few tips to get started and your continued learning:Find and connect with other BP members that are in your area.Set up keyword alerts to be notified of the topics that interest you.Read Beginner’s Guide.Check out BP Podcasts.Find upcoming real estate events and meetups near you.If you'd like to tag someone in the conversation, type @ followed by their name and then select the name of that person that appears below the comments box.

Anyways, a few days ago my real estate agent emails a buyer/ broker contract and wants me to sign.