You make the payments to the lender.Oh, and just in case, there are more items to know about when considering a "sub to" transaction but this is just a comment on the payment aspect. 

Under Declarant Control, which is defined in the CC&R's, the developer is the HOA Board. 

Your goals will define the route you take on this but building a list for buyers/investors is a time-intensive activity and the list is a living and breathing document.

Regarding #2, do you have an example of what is defined as the "property code"?

You also will want to stick to on market properties at first because the purchase process and evaluation process (namely title and inspections) will be more defined.

Some rents in what some define as an A may hold strong values but rents compared to purchase price may not be comparable to a B.

Even if they were to achieve this goal, they get demotivated with burnout and the eventual realization they aren’t working towards their goals, but away from them.Solution: First define your life goal.

What aspects of BRRR do you want to discuss?

I have always been willing to take vouchers, so that aspect did not affect me when the law changed. 

Your insights can provide valuable context.Would you like more specific advice on any aspect of the appraisal process?