HOA's are no different than single family homes that could need a roof replacement, an unknow code violation due to structural/electrical/plumbing issues or a drug dealer that moves accross the street after you acquire the property.

Liens or code violations, no problem.  

My buddy is experimenting with the QR codes and the text messages for more information.  

Other examples are fire damaged homes, code violations, recently inherited properties when they live out of state.

Meanwhile, when I looked up the code he quoted, I see nothing about having to have an owner's meter, just that the circuits from the tenants' meters must not supply common areas.  

https://www.municode.com/library/oh/cincinnati/codes/code_of_ordinances?

However, we are having a few issues with the framing as this house must have added some later additions (like the kitchen) without following code.

@Michael Donatucci The bathroom is probably worth it, the basement not so much.What zip code is this?

Our best performing prospect groups are tax foreclosures, evictions, code violators, and bankruptcy. 

The home is located in zip code 00956.