No special skills there. :)

You don't want a special assessment for new siding or roof soon after you purchase.Matt's calculations are incorrect because he's using the $450/mo as the debt service, when it actually includes HOA & insurance.

I would also advised being open minded to residential homes, specially single family homes.

Perhaps a special love contribution could help.

The unit was a foreclosure and will cash flow well but I do have some long term worries about special assessment that could potential kill the long term investment viability.

Here you will meet wholesalers who provide deals and all the cash buyers (rehabbers) you will need.Consider checking out HUD homes for small multi's owner occupied gets first crack.You might consider Niche or Specialized Housing like student housing.

Here you will meet wholesalers who provide deals and all the cash buyers (rehabbers) you will need.Consider checking out HUD homes for small multi's owner occupied gets first crack.You might consider Niche or Specialized Housing like student housing.

Here you will meet wholesalers who provide deals and all the cash buyers (rehabbers) you will need.Consider checking out HUD homes for small multi's owner occupied gets first crack.You might consider Niche or Specialized Housing like student housing.

Here you will meet wholesalers who provide deals and all the cash buyers (rehabbers) you will need.Consider checking out HUD homes for small multi's owner occupied gets first crack.You might consider Niche or Specialized Housing like student housing.

I don't have time to calculate the actual return now, but it seems it would be very low and would make more sense to invest in bonds.