Frequently, the CC&Rs will contain terms to keep the HOA going even if the corporation that was formed to function as the HOA is dissolved.

The platform also has several other handy functions.

There's nothing nice about them, but they are functional units for families to live in. 

If you wanted to buy a computer and someone offered you one that was broken for 1/3 of fully functional price, or someone offered a working one at normal price, what would you do?

The house was built in 1880 so much of the layout was done as needed over time and as a result it didn't function well.  

The affordability of housing is really a function of access to capital.

So I would go ahead and call that functionally obsolescent??

It lacked a bathroom on the second level (which is where the bedrooms are), a functional deficiency we knew would  need to be addressed.

Access to the MLS is great: setting up hot-sheets, really specialized search functions, running CMA's, access to tax records/mortgage/owner information, easy access to showing houses...Saving on commission or waiving it is great alsoBeing an agent is not the same as being an investor, they do overlap in some areas but think of someone opening 2 new businesses at the same time... it's do-able but.....

@John JessieIf you are NOT putting in your own money, you would be lucky to find an investor willing to share 20% profit with you.....Look at it this way, if you are NOT putting money in, you are in essence functioning as employee of the investor, and you should be making an hourly compensation, whatever that hourly rate is.....