The biggest lesson learned with this one is that having an out-of-state partner can make closings a little more complicated and to be prepared to roll with the punches.

Most REIAs have an online/zoom optioon now so remote membership is doable.I primarily buy subject to and have a free training doc on the complicated docs needed to close a sub to. 

If you are honest, and transparent, things suddenly become really simple.BUT if you need to worry about getting your story straight with the seller (telling them you are the buyer, when you are not), and the buyer, and then make up reasons why the ARV is so high, and convince people why the COR is so low, and bla bla bla.. then yeah... things get really complicated and nearly impossible to succeed.Clear your mind, and use your own logic and common sense and I am sure you'll get where you need to be!

If you successfully executed a short-sale, you're able to navigate a distressed and complicated process.

These things will also cause complications if you need to sell as title will find out about liens on the title search or owed dues/fines/fees on the estoppel letter.As others have mentioned, the annual dues shouldn't fluctuate much, plus you should be a member of the HOA and have some say in the HOA budget.Now special assessments are different circumstances, and probably not something you could ever get a tenant to cover (and probably won't be able to predict much to change a lease ahead of time).

Your finances will be complicated by your other investments. 

It gets complicated man.

If they were separately metered, each tenant would pay the $116.50 base fees and their individual use, which would be 3x higher than what they pay when sharing a meter.There are a lot of options out there, but don't make it more complicated than it needs to be.

Hello, first time homebuyer here looking to purchase a 2/1 in central Florida and want to know the feasibility /  complications of building an ADU for STR on and existing LTR property (local gov regulations aside).

Too many folks forget to update the insurance and technically they are un-insured..Sooo many issues with these complicated scenarios.