Builders often will put on cheap 3 tab roofs, vs a 30-40 year architectural shingle roof.Also way too many of the newer neighborhoods have HOAs and rental restrictions that prohibit or severly restrict rentals. 

@Case Mccarthy - For Condos and Townhouses, the HOA most often handles landscaping and ground maintenance - and they are quick to send a violation notice if the resident is doing something that detracts from the exterior appearance.

Get it in writing from the building department or have a brief zoning review; verify your HOA, lender, and insurance allow a rented basement.

., schedule showings, & handle applications.Tenant Screening: Perform background checks & qualify select tenants based on predefined criteria.Tenant Move-In: Finalize leasing agreements, confirm move-in dates, conduct inspections, & collect rent & deposits.Rent Collection: Handle rent payments, late notices, & enforce late fees.Evictions: File paperwork, represent the owner in court, & coordinate with law enforcement.Legal: Advise on disputes, refer to attorneys, & ensure compliance with relevant legislation.Inspections: Conduct regular property inspections & send owners reports.Financial Management: Make payments (mortgage, HOA, etc.), maintain records, provide tax reports, & offer cash-flow statements.Maintenance & Repairs: Oversee maintenance, hire contractors, & monitor repairs & larger projects.Tenant Move-Out: Inspect, report on damages, return deposits, clean the unit, & re-list the property.** PM's - let me know if I missed anything!

@Benoit Tranape what do your HOA Bylaws state about all this?

No HOA.

House hack the first one with a clear buy box and two exits: live-in for a year, then rent long‑term, or sell if rents or HOA rules don’t pencil.

HOA fees are high but believe it or not, we just gave owners a credit back for the last 3 quarters.  

Always have a title company or attorney review the lien history before bidding, since taxes, HOA dues, or other encumbrances can survive the sale.

Some key points of consideration for live-in flip or residential to rental conversion are things like after repair value, comparable rental trends, neighborhood or HOA type restrictions on rentals for places you may want to live in.