We (the title company, me, my agent, etc) haven't received a response from the HOA regarding the current outstanding HOA fee balance. 

If "Investing" does not work out or is slow to start, you have a back up career at the ready which of itself can be quite lucrative.The only downside I have seen to licensing is that not everyone is able to find a Broker off the bat that is supportive of their Investing goals.

I spoke with my compliance department in my company and she addressed how difficult it would be to separate myself from my real estate knowledge and from my responsibilities as Realtor.

Thanks for these responses too, everyone.

What I’m trying to say from all this is that the market is a little frothy right now and you should probably buy for current fundamentals in case the market goes down. 10 years might turn into 20 if you don’t buy something that makes sense today.Feel free to private message me and ask more questions.I am hoping to get something more than just a Bread and Butter property, you can even get better caps in Compton or South LA, but not sure if I want to be in a slow growing area. 

I haven't tried it before with a furnace, but I do have an apartment building with common areas heated by myself, and tenants are responsible for heating their own units.

With enough determination and working slow and steady and working smart you will do just fine.

In my experience, my tenants are human, they pay late sometimes and are short on money sometimes.As a property owner, it's your responsibility to send them notices that they need to pay, not only does this protect you, but it protects your customer, your tenant.

I understand if one does not want any real estate related related responsibilities, then you cannot control the costs.  

It’s interesting that they are trying to revitalize it when they just shut down the firehouse responsible for that area (30th and Clybourn).