I'm looking to buy a MTR condo and market it to business travelers. These types of renters usually don't have kids in tow, don't need yards, and enjoy hotel-like amenities. I don't mind paying an HOA. But where do you draw the line between a reasonable monthly fee and "OMG That's outrageous!" How much are my fellow BP peeps allowing an HOA fee to eat into their profits? What's a good rule of thumb, if there is one? Have any of you purchased a property with a high fee and ended up regretting it??