![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2035591/small_1632448141-avatar-heatherm187.jpg?twic=v1/output=image&v=2)
25 January 2021 | 6 replies
If you’re in a HOA and there are not any restrictions against unrelated occupants then You could be sitting on an awesome rent by the room house.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/700463/small_1695043334-avatar-bradleys25.jpg?twic=v1/output=image&v=2)
26 January 2021 | 4 replies
You might get lucky, but it is a very restricted market.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1022681/small_1621507673-avatar-michaelaghy.jpg?twic=v1/output=image&v=2)
10 June 2021 | 23 replies
Odds are even if there weren’t COVID restrictions you wouldn’t be able to evict a tenant in time to accommodate a closing anyway.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2036929/small_1621517671-avatar-hairom.jpg?twic=v1/output=image&v=2)
26 January 2021 | 6 replies
Just my thoughts but, I believe the 3rd and 4th quarters this year we will see a flood of foreclosures when the restrictions are lifted.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1998207/small_1621517376-avatar-damienl28.jpg?twic=v1/output=image&v=2)
29 January 2021 | 10 replies
It also helps that my lease will be ending soon so I'm also looking for a house hack that would work as a rental after leaving but most of the properties ITP have HOA rent restrictions and don't cashflow well.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1771215/small_1621515462-avatar-nitanth.jpg?twic=v1/output=image&v=2)
28 January 2021 | 0 replies
I’m also restricting my search to multi family investments as opposed to single family homes.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1837023/small_1621515998-avatar-miguelp70.jpg?twic=v1/output=image&v=2)
3 February 2021 | 4 replies
Also, there probably are size restrictions (how big/small a new build could be).
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2028751/small_1694929585-avatar-hannahw51.jpg?twic=v1/output=image&v=2)
22 October 2021 | 11 replies
Once Covid restrictions are lifted, I'll start posting them under the BP events again.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/680746/small_1694593746-avatar-briette.jpg?twic=v1/output=image&v=2)
4 February 2021 | 16 replies
Generally speaking there's very little maintenance those first couple of years, knock on wood.I would just check with the builder to make sure the HOA doesn't have any rental restrictions.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1255787/small_1621510721-avatar-juliena4.jpg?twic=v1/output=image&v=2)
5 February 2021 | 27 replies
The one big thing that you'll need to investigate is why they are not paying, if it is for a job loss/not paying due to the pandemic, then the restrictions for evictions are steep and you need to make sure there is a big spread for the cash for keys.