He mentions the 3 and 5 year statue of limitations not the 10 year where color of title may not be an issue.

IMHO I see that a lot of folks would rather hire an attorney or advice someone to, rather than take the time to read statues or case law, or post questions or make any attempt to educate themselves on law.

I know of many people that do it, but then again I also know many people that speed down the highway, but that doesn't mean speeding is legal.Arizona Revised Statues: 32-2122.

I’ve been trying to figure out which utilities landlords are required to pay in Minnesota, but the legalese of the MN State statues has me confused.

The exterior is brick, and the units/common areas have been remodeled on the high end (hardwood floors, marble, granite, etc) and no work is needed.

really the owner was a HOBBIT as in the books and movies.Now that I have your attention (I've been pulling your leg) the Hill Country Community Theatre in Marble Falls TX is doing the musical, "The Hobbit".

Is there some sort of statue of limitation that makes it so he can't go back and sue me?

I suggest that you review the above-referenced statue and the Ohio Real Estate Commission’s website for further information.  

Some people like marble counter tops, some don't etc..... 

They are correct, its our debt if we own it, and if we act to collect OUR debt, we are not debt collectors as statue was written, and we can do with it as we want, including forgiving some of it in order to come in under statue of limitations issues.