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

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

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

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. 

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

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.

The company had no “coaches” who had experience in this aspect of real estate (multifamily value add syndication).

I’ve handled almost every aspect of renovations myself—plumbing, tiling, painting, drywall, and general construction.

I'm struggling to understand some aspects of your response, but it provides some things to think about.

So the Janitor usually wins, defined as making more passive income than your expenses, because his expenses start off so low and stay low.Unfortunately, after you play it a while, you get to know what to look for, like when that one stock becomes available for, I forget, $3 or something ...