They had been working on updating the HOA Declaration for the last two years and on the last draft distributed by mail in March, they slipped in the rental restriction, rental fee and banned marijuana smoking and growing.

According to the Ninth Circuit’s decision, Nevada state law contained a “peculiar scheme” for providing mortgage lenders with information about when an HOA intended to foreclose on a property.

Is Medical Marijuana legal where your rental is?

Look we were all teenagers at some point in our life and experimented a little bit....but if you didn't grow out of it, it might be detrimental....I live in a NO POT state.....so what happens if I walk in and my tenant(s) have marijuana in the open and it smells like it?

http://www.htzfm.com/modz/blog/2014/12/13/crazy-la...I can't help but think this is going to be a issue in the future.At any rate I got a chuckle out of it.

Possibilities include: building a portfolio of carefully chosen condos; in-city rooming houses; and renting out to marijuana-related businesses.  

I had to deal with my house being turned into a marijuana farm, people loosing jobs and going through a lot of apps to find tenants I was happy with.

********"The 3rd floor hallway smelled like marijuana two nights ago.

Also, because of the peculiarities of the laws in our state I absolutely would use an attorney who specializes in real estate to write your contracts.

Keep Marijuana OUT of your lease agreement.