The following week, they needed to shut the power to fix the siding behind the electric meters.

Everyone likes to talk about the power of financial leverage in real estate, but successful investors also realize the value of leveraging the experience of others. 

I will look for one, meantime I m waiting for my preaproval to I know my purchasing power.

I found a lender that does 100 percent financingand another that does 90 LTV so I lookfor deals that meet their criteria because my spending power increases.

Totally agree here; we can speculate/offer commentary all day, but it's up to a conversation with the powers that be. 

At this point I don't want to overcomplicate the matter, but am just trying to understand what we need to legally operate in this context (it was suggested on one forum that a limited power of attorney might also be a viable solution).

HOA property managers power trip Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

Many of the gurus suggest building a "power team" in the remote area.

@Yonah Weiss @Dennis Tierney Cost seg really is THAT powerful!

Ft.Lot size = 15,002.06I'll need to add heating and cooling; currently window units.P&B construction for the houses and duplex, slab for the studio.Total projected gross rents= $750 Studio+$950 Unit 1+$950 Unit 2.The whole project would be a value add: windows, bathroom, update kitchen, furniture, solar panels, water purifier.I'm considering adding solar panels - would mean that I can charge for my own electricity sense I would be the power company.Property Management fees = 7% (wholesaler/broker number).Projected Vacancy Rate = 5% (wholesaler/broker number).CapEx = 5% (wholesaler/broker number).The military gets their BAH/BAS evaluated every year and it goes up about 2.5% based on the market conditions.Property growth annually would fit in to a 3% number as its not the fastest appreciation market.Your annual expenses should be about 1.5%-2% depends on how well of a job is done with the rehab.P.S.