I'm actually an advocate for raising dues a little every year as it allows the HOA to maintain the property in an attractive manner to bring in excellent tenants.  

"long-term tenants with a pride of ownership mentality," an excellent nugget of information!

Also met with an excellent turnkey company that is operating in Dayton and Cincinnati suburbs just south.  

Seems like an excellent way around FHA and the permanent mortgage insurance.

The cream always rises to the top, so if you are excellent you will be running crews, finding subs, or something of that nature very quickly. 

I feel like I have heard the government maintains an Excel file, freely available somewhere. 

The house really is in excellent condition.

The lender may decide to retain the loan (in cases of excellent credit) or bundle, package and sell the loan to replace lost liquidity.

A solid read on investing in Canada is "Legal, Tax & Accounting Strategies for the Canadian Real Estate Investor" (Cohen and Dube).If you are willing to go cross-continent, there are markets with excellent cash flow, especially in MF properties.

Excel will come out and locate the leak for her.