You need to set a deadline for them to correct the issue, then follow up with an inspection or other method to confirm compliance.

I don't know who said they were sold out, but I can assure you that at this time there are still buildings available. 

I can assure anyone that is looking at these cheap properties that they are going to be in very rough, high crime areas and as an out of state investor, you are not going to have a good experience.

Unless the guru is giving fairly strong assurances they are going to bring investors into deals for you, the rest of raising capital is fairly straightforward (but not easy).  

It might help you avoid penalties if the IRS goes after you later.You can claim the labor expenses even without 1099s, but you will technically be in non-compliance.

Effective  12/1/2024 @ 12:01a the Louisville rental registry requires the 16 page Lead Hazard Evaluation form in addition to the Affidavit of Compliance.

I assured them that I "had" to live there for at least a year but didn't know where life would take me after that as I only planned on living there for the minimum term and didn't want to lie, and then thankfully one of my connections on the board, changed the conversation.On a commercial development rezoning we had, we had to deal with racist commentary and questions about the type of person that apartments would bring to the area.

Please be assured that this suspension is temporary.

It sounds like you are not in compliance with those laws if you don't live nearby.

Permitting also secures compliance and avoids fines, which can be significant in LA.This post does not create a CPA-Client relationship.