I assume that the HOA foreclosed on the property and now this note is for sale.

We have our research,  hoa, rental rules etc and ars all good and also listened to the BP vacation podcasts!

If your Townhouse HOA permits AirBnB, are there any improvements you can make to the property, marketing, pictures / presentation, etc... to increase your income?

It’s a gated fourplex community with an Hoa. 

Here’s my situation: Primary residence in Charlotte, NC 3/2.5 SFR (2,353 sf); Value ~$345K, mortgage ~$227K (@3.875%), equity ~$118KRental property in Matthews, NC (Charlotte suburb) 2/2.5 SFR (1,180 sf townhouse): Value ~$145K, mortgage ~$97K (@3.875%), equity ~$48KRent $1,125/mo; PITI: $744/mo; HOA $202/mo; Mgmt fee (6%) $67; Net ~$110/mo (before capex)For context, the townhouse was my former residence, which I bought new in late-2007 (oops!)

But if you add my 3 rental mortgages and their HOA fees along with adding the $1,600/month cash flow they have left over, my DTI goes up to 40%.

And I assume there is no HOA.

If I own a condo and am behind on HOA dues can I quit claim my property to a LLC to protect me from liability?

A lot of condos are run poorly and are mismanaged leading to high HOA dues or special assessments.

Save the money on condo fees and look for townhomes and single family without HOAs