Such projects can add to the community tax base, provide jobs, create business, increase housing inventory or provide some public benefit.

So the total liabilities to employee a person is not only paying them their income, but also to match their FICA, among lots of other things.http://www.irs.gov/publications/p15/ar02.html#en_US_2015_publink1000202402(See Section 9 or Publication 15)Sorry, @Vicki Gleitz we are off the subject. :-)

Also, the tenants expect that the units are fully furnished.If you are buying a commercial property, than you will need a public notary, in Romania, they act as an attorney in the real estate purchases.

Is a private and public partnership.

It is public record

An interesting tidbit is the publications and instructions from the IRS are not the tax code, these are writings on how the IRS would prefer you interpret the tax code.

It does not mean that you have to go through the process of taking your company public, but you do have to comply with the securities laws in place that allow you to qualify for an exemption to taking your company public. 

That seems to be the case if I look at the IRS publication stating "Under §1.263(a)-1(f)(1)(ii)(D), a taxpayer without an AFS may elect to apply the de minimis safe harbor if,among other things, the amount paid for the property subject to the de minimis safe harbor does not exceed $500 per invoice (or per item as substantiated by the invoice) or other amount as identified in published guidance issued by the Treasury Department and the IRS." 

@Wayne SmithI would supplement the Smart Move search with a quick glance at the Harris County Clerk site here to check for evictions in civil cases and any criminal cases, assuming your tenants have always lived locally. http://www.hcdistrictclerk.com/Edocs/Public/search...

I've done public auctions successfully and I'm trying to figure out sheriff's sales.