1b/1b Duplex (Built 1926)1b/1b Duplex (Built 1926)1 unit home (Built 1992, Single family)*All 3 units on the same lot.I'm recently was informed I need to post RSO notice for my property, I'm not sure if the 3545½ newer property is subject to RSO and I'm waiting for calls back from HCIDL Landloard Declaration department.

Like I noted above no dividend from a whole life company pays a dividend as pure interest  they declare the dividend, but have proprietary ways to apply the actual amount paid out.

The first are the By-Laws, which generally provide the detail of when and how Regular Board meetings and Annual or Special Membership meetings are held; how elections are conducted; Board makeup, positions, terms, and Powers & Duties.The Declaration defines which elements are Owner responsibility, and which are Common, or Limited Common elements that the HOA is responsible for; easements that give the HOA access to specific elements within the Owner's lot and premises; and Architectural guidelines.Most, but not all HOA's also have "House Rules" which addresses Resident and Guest actions and behavior while on Common or Limited Common elements or that are viewable by others.Certainly there are some Governing Docs that do not exactly follow these examples, and there may be different State laws that name the Docs differently, but they will be similar in content.

Properties that are zoned mixed-use or commercial can be an exception.See the following links for more info:Short Term RentalsOWNING SHORT TERM RENTALS IN NEW ORLEANSA Guide To Orleans Parish's New Short-Term Rental RulesHere are a couple of recent news articles:Weak enforcement of short-term rental rules could cost NOLA millionsNew Orleans council wants more muscle in fight against illegal short-term rentalsI took a quick look at the doubles listed on the MLS to see what is out there at 200k or less, and there isn't much and most of them are in rough areas.

As long as you declared the income??  

Generally, they will also prepare a "proposed" Budget for the new year, but the Board makes adjustments and approves the final document, which is what authorizes the Managing Agent to make payments to vendors as authorized in that Budget.The Board, within the authority specified and in the manner specified within the project governing Documents, can change certain types of rules, and draft resolutions or proposals that the Membership must vote on to change other types of rules, most notably the By-Laws and Declaration, typically.

In the last RE crash a lot of people lost their life savings and had to short sell or declare Bankruptcy.

He ended up losing all 32 properties and declaring bankruptcy, and personally hasn't been the same since.Debt is a major cause of both foreclosure and divorce, and of course bankruptcy.As I said before I could not have bought as many properties as fast as I did if it wasn't for debt.But on the other hand, as I've progressed in real estate investing, most of the purchases are all cash.

Dealing with disabilities or mental illness can't just be walked off or muscled through.

In addition, beyond the costs of platting, survey plat, CC&R's (condo declarations, hoa creation) you may have some additional water tap fees and requirements for fire separation.An HOA for two units is not only difficult, it's miserable for the new owners when there's not a majority to make decisions on maintenance.