Using the 70% rule, determine if the numbers add up.Now let's say the numbers add up:4.

I have not ruled anything out at this point.

I've never really dealt with this scenario first-hand (and I don't ever plan to), but I do talk with a lot of tax delinquent sellers who have back due HOA fees - and just for the sake of expanding my knowledge of how this relationship works, I'm trying to fully understand any/all consequences that come when a property owner violates HOA rules like this.

I'm looking to pickup more buy & hold properties and seems like I have to go west of Worcester, MA to get respectable cash flow (near the 2% rule) or (12+% cash on cash w/ some leverage).

Theoretically this can be done in one swift action, however, title companies are more and more unwilling to partake in anything but the most straight forward transactions.While most real estate buyers will demand title insurance, I, like many other experienced investors, have sold property directly to buyers without title insurance or title companies involved.

But one never knows how the court will rule.

What do you think the opinions would be of most Realtors who got a license and are trying to play by the rules?

Schedule E helps of course.Verify the gross incomecalculate the property taxes that you will pay when the property is re-assessed after the saleGet a few new insurance quotes because it normally increases for new owners if your lender requires windstorm coverageAdd a management feeuse the 50% rule to quickly look at deals to estimate a cap quickly

By Matt's logic and the 1/100 rule, in theory, I more than doubled my chances for a successful deal.

The rules are probably different everywhere I guess.