The problem with townhouses is that a lot of the HOAs are astronomical.

The Problem: The odd's of you failing, messing up, which will cost $ to fix, is astronomical to the point it's almost guaranteed. 

The reality I see is big corporations freaking out that there going to loose there ASTRONOMICAL profit margins.

They don't have astronomical tax's on the citizens to pay for the Palm Islands.....

I don’t know that you will ever actually have a michael blank, tim bratz, a Gary Vee, at your disposal unless you pay an astronomical amount of money.

Since this is patently untrue, the failure rate of people who buy into these programs is astronomical.  

Ask yourself: do I really have the knowledge of real estate principles, real estate law and real estate finance; the network of contacts; the experience both in business in general and real estate in particular; the time available; and the analytical ability to compete against FULL TIME EXPERIENCED PROFESSIONALS to be successful in a field where the failure rate is so astronomically high?  

Apparently, because rates increased here so astronomically in the last 2 years, the insurance industry believes their numbers are correct with the risk.If you have the correct coverage @Marc Shin, you should be covered (although you should also have budgeted or baked-in costs for minor issues/damage).

My units cost $35k to fully furnish, and my ROI was astronomical because although the market was limited, I OWNED the market.   

-Getting into a situation where you’re borrowing additional funds to close, which if it is an unsecured personal loan, will have an astronomical interest rate compared to borrowing a secured debt like a mortgage.