Ahmed, I definitely see some of that mixed reputation in my conversations with other Networth Associates.

I am checking the landlord assoc out and looks like they would cover everything a LLwould need?   Do you guys have any experience with them?  Good or bad?  Esp as far as tenant screening and their available leases?   TIA

To some degree this is the case in most avenues of real estate right now.

This is how they decide who gets the property.I was in your "nice little town" last week  It was 94 degrees and about 1,000 on the humidity scale.

I graduated from college 35 years ago with a degree in Accounting.

Question regarding installing a second meter to separate both units in a duplex. currently there is one master meter(gas, electric & water)  but want to install a subs so that they are separately metered. Utilitie...

(the strategy has not yet been disputed in court, as most people just make the repairs.)I had a call in Arizona during the summer once, it was 115 degrees, "Hey Ken, the AC broke, will you have it fixed" I said "sure, we always follow the contracts, let me take a look at the Lease and Option agreements" I texted the part from the Option agreement that it is their responsibility to fix the AC, "but I will have it fixed and we will throw away the Option".

Sure You can sue the association.

It sounds great, but it doesn’t add up.Think about it: would you trust a doctor with no degree who says they’re just “learning on the job”?

I've included an example below to help illustrate this.So different lenders have different rates (which do vary even for DSCR loans) but these are factors they all consider.See example below:DSCR < 1Principal + Interest = $1,700Taxes = $350, Insurance = $100, Association Dues = $50Total PITIA = $2200Rent = $2000DSCR = Rent/PITIA = 2000/2200 = 0.91Since the DSCR is 0.91, we know the expenses are greater than the income of the property.DSCR >1Principal + Interest = $1,500Taxes = $250, Insurance = $100, Association Dues = $25Total PITIA = $1875 Rent = $2300DSCR = Rent/PITIA = 2300/1875 = 1.23If a purchase, you also generally need reserves / savings to show you have 3-6 month payments of PITIA (principal / interest (mortgage payment), property taxes and insurance and HOA (if applicable).