And as a consumer protection thing, congress made it illegal for us to get paid any more for this extra work.

A loan is a loan... the same basic paperwork (promissory note, security agreement if applicable) is typically required regardless of who is involved.Sounds like a jointly-owned entity would be the borrower here, so a Note would be executed on behalf of the entity by someone with the capacity to bind the company and who had been authorized to do so for this specific transaction.

I have a couple questions that I can't seem to get answers for.1) Since I would need to sign a new HAP contract with the housing authority, should I not be able to request the market rate for rent for similar units instead of being limited to the 10% increase that the Section 8 housing authority sets?

These IRA custodians have full trust powers so have the authority to offer self-directed IRAs (SDAs).

@Anthony WickWhile I can not speak with authority about other jurisdictions I can tell you that no judge in North Carolina would entertain a motion to enforce a residential lease in these circumstances.

I bought it from the local housing authority, it had been sitting vacant for about 10 years.

I bought it from the local housing authority, it had been sitting vacant for about 10 years.

I bought it from the local housing authority, it had been sitting vacant for about 10 years.

I ended up using a very similar version of the one the original author provided but modified the questions to meet my needs.https://www.biggerpockets.com/forums/52/topics/476093-how-we-screened-300-tenants-with-zero-phone-calls-for-free

My HOA has send me threatening letters about things over which they have no actual legal authority.