This may not be helpful, but I have heard of situations where owners manage to have their own building qualified as "Uninhabitable" by the building and/or health department.

I look at the market health, the demand in the market and find the target area.

Currently working 45 to 70 hours a week in health insurance sales and am looking to build a passive cash flow of 10k a month to eventually replace my current career and another 10k a month to replace my wife's salary.

I am looking into buying my first rental property and I’m honestly a little scare.

So recently after finally getting over the emotional scare of making the jump and searching for properties for over 6 months we made the jump and put in an offer on a quad-plex in Niagara that after a bit of back and forth and reaching agreements, our offer got accepted.

Because of this we needed to find a difficult problem (property) that needed solving - something that would scare most other buyers and investors away, low enough on the economic scale as to not attract “big money,” and unique enough to require a more flexible type of thinking.

If you can't get elected to the board attend all meetings and ask for financial records to stay abreast of the financial health of your HOA.  

Negotiating repairs and being willing to take on a fixer upper which would have scared many people off at first sight.

Negotiating repairs and being willing to take on a fixer upper which would have scared many people off at first sight.

May 2021 bring you good health and great wealth!