The Assessments levied by the Association shall be used exclusively for payment of Common Expenses including, without limitation (i) the upkeep, maintenance and improvement of the Common Areas and other maintenance obligations set forth in Sections 10.1 and 10.3 below; (ii) maintenance, repair, replacement, and operation of rights-of-way and easements within or immediately adjacent to the Project (e.g. landscaping and sidewalks within the right-of-way of adjoining streets) to the extent that such actions are required by government entities or deemed appropriate by the Board, (iii) promoting the recreation, health, safety and welfare of the Owners and other lawful occupants of Lots within the Property, (iv) payment of property taxes for the Common Area; (v) insurance premiums; (vi) legal and accounting fees; (vii) management fees; (viii) charges for utilities and other services provided to the Common Area by the Association, if any, and for all utility charges paid or incurred by the City and reimbursed by the Association for street lights in the Common Area; (ix) costs to maintain the entrance features, including any electricity, landscaping and irrigation expenses associated therewith; (x) the performance and exercise by the Association of its rights, duties and obligations under the Project Documents, and (xi) maintaining any Stormwater Control Facilities located on portions of Common Areas to the standard required by the governmental entity or agency having jurisdiction over such areas.

Please let me know if there are any recommended sources to obtain business lending for start up businesses and provide assistance to maintain healthy business credit. 

It's another layer stopping them from suing you directly assuming you didn't do anything and maintained the property.

I need to take steps to make sure the apartment is as well maintained and upmost safe for anyone living there. 

Other than rent issues, he keeps the house very clean and maintains the property decently. 

CliffNow explain the cost of setting up each entity and maintaining them annually.

I prefer them over tile also because grout has to be maintained and cleaned and the thickness of tile over backer makes for a thicker installation.

There are also additional costs of operating and maintaining an LLC, like separate bank accounts, annual report filings, tax filings, etc.2.

There are also additional costs of operating and maintaining an LLC, like separate bank accounts, annual report filings, tax filings, etc.2.

Clark CountyAverage Purchase Price: Approximately $525,000Average Rent Prices: Around $2,200 - $2,400 per month for a typical 2-3 bedroom home.Investment Appeal: Clark County, including the city of Vancouver, benefits from its location near Portland, providing a more affordable living option while maintaining access to a large metropolitan job market.