When companies are selecting a location to set up operations, the basic requirements include (but are not limited to):Low operating costs, since every business has competitors.

Also, do you think a new investor with limited capital could start successfully in that space if they have strong management support, or is it better to gain experience elsewhere first?

The link is informative but seems limited to Arizona and might still be legal in other states 

If you find yourself trying to squeeze/limit the renovation budget in order to get the purchase price to make sense I would be very cautious.

Set a 2 week time limit out for them to respond. 

Hey everyone — hoping to connect with anyone who’s had experience navigating HOA restrictions around leasing or rental caps.I’m working through a situation where the building has a strict rental-occupancy limit (25%) and requires going through a formal waitlist and city permitting process before any lease activity is allowed.

LOC on Co-ops is already a niche product, so options are limited but I am still curious to hear from anyone with experience in this area.

My guess is it will be difficult to find a tenant fitting that narrow of a scope and I don't know why you would want to limit yourself.

Any small touch ups or minor repairs you can handle beforehand will help limit price reductions or repair requests once you’re under contract.As for telling the tenant, I’ve seen owners handle it both ways.

Setting up a new LLC for each flipping project is a common approach to limit liability, but as you mentioned, it can get tricky with all the bank accounts and bookkeeping.One option to simplify things is to set up a holding company (LLC or C-Corp) to own the individual LLCs for each project.