If the dues are exorbitant or there isn't a clearly defined value being brought to owners, maybe pass on it, but I'd say by and large that STRA's are well worth what is usually a pretty small individual investment. 

I will be dealing with adults, not handicapped individuals.

If so, the flex space is only useable for you since you don't want a stranger entering your master bedroom in order to access the flex space.

ANd then for all we know, the planet coiuld be on the verge of entering a new Wet-Age or Ice-Age.

Actually it looks like it is by each individual housing authority if they will participate.Hate to say this, but it is going to be like finding a needle in a haystack.....borrower will need to find a lender that will do it. 

Spending quality time with your kids and connecting with inspirational individuals are definitely enriching pursuits outside of real estate.

In general, once an agreement is entered into by the parties, the only way to enter into an amended or new agreement is for the parties to give "legal consideration" for the new agreement.

If a cash out refinance, many lenders will allow the cash out to satisfy the reserves requirement.DSCR lenders generally let you vest either individually or as an LLC.

The tradeoff on the joint financing is going to be the (refi) costs associated w any transfer of ownership, HOWEVER transferring title to the LLC is unlikely to trigger due on sale (b/c it sounds like most banks simply aren't monitoring and/or enforcing due on sale in these instances) which would make the ownership (sans the actual mortgage note) more easily transferable than exiting your position as an individual owner?

Stucco, no decks, I’m renting individual rooms, 10min away from my house, easy maintenance.