The owner can designate a host who shall be responsible, and authorized, to act on the owner's behalf to promptly remedy any violation of these standards or the permit.

It wasn't until the Garn-St.Germain act in 1982 that they started becoming standard.

@Kendric BufordRecommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?

Columbus - less monthly cash flow - higher predicted long term appreciationDayton - More monthly cash flow - standard expected appreciation

I understand this is a good way to become financially secure over time and am eager to start.  

I can absolutely understand how these experiences have drained the joy out of owning rental properties.

I'm trying to understand how frequent this is.  

I also understand accounting and legality may play a role.

That is subjective though - I just advise my exchange clients to understand that number and understand their exposure.

Expectations for a higher standard of decor and theming has infiltrated this industry and those are the ones that do well.