Occupancy and these type of issues are what will kill the mortgage/realtor industry.To much time being spent on compliance, I'm a simple guy.  

It should be a situation where compliance is tied into the rental agreement. 

My recommendation for future work is to bid out different types of roof systems based on use and code compliance.  

Please refer to the attached PDF document for more information on providing asset valuations.andIf the IRA holds any of these type of assets, then the following steps must be followed in order to insure IRS compliance for establishing fair market value:a) Obtain fair market valuation of the assets by a qualified independent expert for that asset type or category.

Your attitude or how you justify what you do doesn't make you a professional, education and experience makes you a professional along with an attitude of fair dealing, ethical and legal compliance, your ego doesn't turn you into a business person nor do your attitudes of reaching in other people's pockets to gather money like a chipmunk gathering nuts.

@Maggie JonesThe LLC should be formed where the investments will be taking place, so as to provide you with compliance with state law and access to the courts of that state.  

Also, be aware that the state is running around spot checking compliance with the new EPA lead-based paint certification laws (this one is a doozy).Our local building department is much easier to work with as their primary goal is to ensure that renovation projects are done correctly.

If the siding is asbestos you will have additional costs or if the home was built before 1978 you might have some issues with lead based paint and proper compliance.

Health code compliance, look at the last health inspection.

Meaning heavy compliance.