But if you determine that the property is way upside down, there is no sense in recording the deed... you'll just eventually end up with a foreclosure with you as the named defendant.

You can always convert to a LTR.

(Which we owners have to approve before the money is spent< but then have to eventually pay for.)Maybe you want to list a city where this HOA is located and you’ll get a better answer from someone in that area that knows how they work.

Here are some ideas:  Other criteria I look for in a SFH house hack: an easy way to split into multiple units, a walk out basement, an ADU, a garage I could convert, or lots of bedrooms. 

Hello BP Community, I am planning on obtaining my residential builder's license over the winter, so I can leverage that skill and license in real estate projects and eventually venture into the development business. 

Heaters and filters last a long time but eventually need replacing.  

Other criteria I look for in a SFH house hack: an easy way to split into multiple units, a walk out basement, an ADU, a garage I could convert, or lots of bedrooms.

Eventually, you'll develop an idea of what a home is worth in your area.

I bought a legal three family (was converted from a 2 family by the previous owner).

Criteria I look for in a SFH house hack: an easy way to split into multiple units, a walk out basement, an ADU, a garage I could convert, or lots of bedrooms.