We had a condo where the HOA turned into a mini-dictatorship overnight—raising fees, changing rules, and making it nearly impossible to rent or sell without drama.

You can still find properties between $120K–180K that hit the 1% rule and cash flow, which is almost impossible to do in LA.

Thank you Rehab will cost you roughly $50/sqft and the cost does not change whether your property is 50k or 250k, but on a 50k property, the rehab portion will be a huge % of the ARV, making it almost impossible to achieve enough upside.I've been doing BRRRR's for over a decade and found the sweet spot at about 200k ARV, which typically means you have to buy at 100k to make the numbers work.

Raleigh investor here focused on short term rentals and creative real estate investing - harder but not impossible to cashflow here

It is impossible to say yay or nay without the details of the situation, but an experienced investor knows what to do, including gathering the critical information even before setting up the deal, or declining it.The limiting effect on credit is temporary, it may turn into a benefit further down the road (around 12 months or so, depending on the lender), so it's about if it's needed and when.

Impossible to say without a LOT more information; market is segmented.  

If there isn't clear documentation of the property's condition at the beginning and end of the tenancy, it can easily turn into a heated disagreement.While it's sometimes impossible to avoid these situations entirely, the best approach is always to be consistent in your management practices.

On top of that finding, an HOA that allowed STRs if you went the condo route is also nearly impossible.  

Unfortunately, in the Montreal area, it’s nearly impossible to find properties that cash flow unless you put down a very large down payment.I’m curious—how do other investors manage properties that are located hours away from where they live?

Is it pretty much impossible?