If you are looking for the interpretation of a contract you should speak with an attorney.  

We've seen exchanges fail when the IRS interpreted that the new debt right. before a sale and 1031 was done simply to free up cash (profit) from the sale. 

Let me interpret and tell me if I missed anything.

We also need to understand how to analyze and interpret this data in order to make informed investment decisions.

Be careful how you interpret ROI, you don’t use Total Return, you use Net Income or Cash Flow.

Hey BP, I am looking for a tax attorney who can help me setup LLCs, develop an asset protection plan, gets BD and works with RE and STR investors, and understands different mortgage packages (own occupied vs investment vs 2nd home loan etc...) and understands the law between all these and how they are interpreted by not only other attorneys but also the IRS.  

This will likely outline the general responsibilities of the HOA and individual homeowners for upkeep and repairs.Check if there are any specific provisions related to pipes, drainage, or exterior areas.Review any sections related to common areas or shared spaces, as the pipe in question may be considered part of a shared drainage system.Pay attention to any language that discusses "exclusive use" areas, which are areas that only the individual homeowner has access to and responsibility for.Note that the HOA may have a set of rules or bylaws in addition to the CC&Rs that outline specific responsibilities.Keep in mind that the CC&Rs may vary depending on the specific development or community, so be sure to consult the relevant documents for your property.Consider contacting the HOA directly to ask about their interpretation of the CC&Rs and any relevant rules or bylaws.If you're having trouble understanding the legal language in the CC&Rs, consider consulting with an attorney who specializes in HOA law.It may be helpful to review any past communications or interactions you've had with the HOA related to maintenance or repairs, as this may shed light on how they typically handle these types of issues.Finally, if you're interested in learning more about HOAs and the CC&Rs, check out the resources provided by organizations such as the Community Associations Institute (CAI) or the National Homeowners Association (NHA).By following these tips and utilizing these resources, you should be able to determine whether the drain cleanout pipe is your responsibility or that of the HOA, and better understand the general responsibilities outlined in the CC&Rs.

Also their fluency with English is not that good, they have a friend fluent in english who is interpreting for them but he won't be living with them.

That money comes from ONLY one place...the Membership.In my opinion, your Agent would likely be most responsible for this if you were not adequately informed of what documents were needed, and why; and the interpretation of those docs. 

More importantly, is this enforced in Michigan regardless of interpretation?