Depending on what the HOA covers for maintenance (exterior - siding, roof, etc?)

My combined net commission from both of those first sales barely covered my startup costs, but I had some transactions under my belt and had learned a massive amount in under a year. 

If it was built before Oct 1978, bank on it being RSO Also check out https://hcidla.lacity.org/What-is-Covered-under-th...

I want to do a lease to purchase with the seller with a down payment to cover the cure amount and monthly payments made to the mortgage company to keep the loan current during rehab period. 12 month option to purchase at 125k with all payments and down payment going towards the purchase price.

It makes it easier that you’re the owner of the equity, but your partners will want to be covered too.

What we have opted to do instead - is utilize a relationship with a local real estate broker who also has his CAM License.

@Dmitriy Fomichenko covers those kinds of questions.

I don’t want to spend those premiums to cover my 8 homes lol.

The warranty on that treatment is expiring soon unless we extend it for another year by paying $175 which covers up-to 100k in damages should they occur.

(One of many good reasons NOT to buy condos as rentals) The rent covered the majority of expenses, but at the end of the month, I still found myself shoveling $1700/mo into it.