So check around with different HOAs and see what ends up being the best deal for you.

NOT but the cash flow is great if you find the right deal. 

Lastly, something to think about: a few investors set up a management LLC that will not own any property but, in turn, deal with any third parties.

@Kinnari Pandya depends on what types of properties and corresponding tenants you want to deal with.The Midwest offers lots of affordable opportunities that can cashflow well.

I would be happy to connect and if you get any great deals for development or investment properties, I can get them sold quickly. 

Use the right words so you are not tricking them into discussing a deal that you can't make happen (stay in their home).

What made you interested in investing in this type of deal?

., this isn't the kind of deal you can base on comparable sales. 1.

As I don't have large down payment, I am thinking to start building a portfolio with finding off market deals that have equity and do bit rehab/renovate and later get refinanace to pay off HML with a traditional lender/DSCR loan. please share any thoughts on my plan and any lending resources.

I am in the middle of getting a loan with a small credit union in my area, and recently rates dropped and I asked my lender what the rate was now and he said it was the same for my deal.