re: Cash Flow on Rental Property

Yeah I'd double check everything the HOA covers and make sure there's no hidden costs or something that could surprise you. Mainly the building insurance and what it covers. I'd also try to find out more from other owners/tenants or get more information on the building itself. I was looking at a 1/1 at one point, HOA was expensive of course, but they had terrible building maintenance and operations....basically MIA. I sent an email to their office with a few questions when I was in the process of buying (eventually didn't) and they responded 3-4 months later