Hi Lonzo, tough situation but not uncommon with NACA projects.I work with investor-friendly Texas agents and contractors who are familiar with renovation-heavy deals in San Antonio and Houston.

Good afternoon everyone,My wife and I are in a situation that’s probably not uncommon.

That said, cosmetic exclusions/limits for roof or siding are not uncommon. 

Indeed, it's not uncommon for such companies to sell slightly over market (whether selling individual properties or syndications or crowdfunded deals). 

Here is something critical, look at how long the HOA can take to approve or reject any proposed changes.   90 days is not uncommon.  

It's not uncommon to have to replace linens and other things between each tenant. 

Its not uncommon.2.

As a former property manager, this is not uncommon.

HELOCs on LLC-owned investment properties are very limitedTrue HELOCs on LLC-owned rentals are uncommon.

Also, it's not uncommon for a realtor to mis-list a duplex as a single family on the mls either.