brian, are you following fannie around from place to place to see its new acquisitions?
I would be leary of believing $150 in HOA dues for a complex with a big pool.
If you can check what the *true* HOA dues are and successfully get *correct* answers on that w/o making an offer and also determine the *true* amt of fixed MR assessments from the tax bill, then do the math and if you will be in (generous) positive territory monthly and can financially handle any vacancies, then go for it!
This complex appears to be in the “Windingwalk” area. I’m unsure how large this complex is but are you aware that this area is extremely congested (as well as far flung)?
There are currently a hoarde of vacancies throughout 91914 and 91915 – both in multi-family and single family units.
brian, I thought you stated you had an accepted offer on a SS you had been waiting to get news on….