The Company then elects S-Corp status, and avoids the double taxation issue.

8) No tenant can be an elected official or member of a professional sports team ( a contigency to my insurance- seems strange to me!)

You could also use an association or a trust with an unlimited term as LLCs usually have a limited term to qualify under certain tax elections (to pass through to your 1040 as a partnership).

Might be called something different (its a "notice of election and demand" or NED here in CO), but I think lis pendens is correct for SC.You may be able to call the recorder and get some info over the phone.

Unless you elect for your LLC to be taxed as a S or C corporation, its a pass-through entity for tax purposes and owning a property in an LLC has no effect at all on taxes.

Yes, I agree with Joe Bertolino, get the association manager/board president involved.

Take the HOA President with you...LOL

One of my neighbors is president of a newly formed company that is buying up SFH and renting them out.

That includes raising the dues and signing for loans.Just about the only thing that requires a vote of the membership are changes to the By-Laws and elections.

Should Buyer elect to carry out this offer despite such damage, Buyer shall be entitled to the insurance proceeds, if any, relating to damage to the property, plus a credit toward the purchase price equal to the amount of Seller's deductible on such policy, if any.