HOA's to deal with, not only the fees, but having one other party to deal with on repairs.2.

Here where I live, every home seems to be in a track home with an HOA and are all relativity close in price range, so getting COMP's are much easier than other places I hear about where one home is worth $100k, and you're neighbor across the street could have a $400k home.

Not to mention your HOA could fine and lien you, provided it is in your HOA documents.

But what about insurance that the HOA pays?

The Mgt, the HOA, the board of directors will not do anything.

I'm looking at a property in Florida that's being foreclosed by the HOA.

Andy, we buy with cash, so make 10% to 14% after property tax, management, insurance, and HOA.

Ignorant me not knowing the foreclosure process bidded online $10,000 on a HOA Auction and won.

Undisclosed HOA was another, owned a property a whole year before I found out it was part of an association when they put a lien on it (renters never passed on notices that came in the mail), and it cost me $300 to clear the lien in addition to the HOA dues.

Vegas returns are oftentimes falling below the 5% returns (2 months vacancy, less taxes, less insurance, less HOAs, less anticipated repairs, cash on cash).Also in Vegas, you can find higher returns of 10%+ but you better be carrying.