We increased the NOI from about $15k to $17k as well.

Also should i look at multiplexes to increase income or start with a single family home?

I’m considering investing outside of the bay area since values have increased tremendously and I can’t see how it could go much higher but I’m looking for your advice on other up-and-coming markets preferably in the western US that may see significant appreciation in the coming 5 to 10 years.Thanks!

I'm sure that some will not be able to pay the increased rent or will not qualify to rent under our company's guidelines.

We are both searching for avenues to increase our active and passive income in the Denver Metro area.

I know this is AFTER you are already done with a client (since you work on the front end of the loan), but if you contact the loan servicer holding your note and ask them to remove mortgage insurance (knowing that values have increased), they often refer to Zillow to give you an answer. 

This number isnt taking rent increases into account.Looks pretty ok on paper (unless I'm missing something and it doesn't)The breakdown for your first example would have the sponsor (who I'm assuming is me in this scenario) receiving:Acquisition fee: $1,750Asset MGMT Fee: $672 80/20 split when sold in 10 years: around 25KAnd since this is a smaller deal a more basic approach of 70/30: 4895/2098 or 8% back to investor annuallyDoes this seem to check out?

There was a premium price on this property though the plan is to hold long term and rents will only steadily increase so we are happy.I appreciate all of your input so please keep responding.  

In the meantime, I would try to force the Board into some form of reason by having my lawyer go through those covenants with a fine tooth comb and find any loophole, area that they already violating, or way I could increase the costs for everyone by suing the HOA.I think if you come across as lily-livered, you're going to get nowhere.

@Bob RenthammerWhat do you see that could a causing a supply shock or may cause the gov to increase regulation/monetary policy to the detriment of growth?