If you really have your heart set on this program, then give it a try and report back to us as you can always help others use a good system or avoid a bad one.

Hopefully reporting to the board will do the trick

The leak was a problem with the drain from the shower - not a constant running problem as I'd feared (and as the report indicated).

This law imposes duties on the landlord including: Abiding by any applicable housing codes (including state, city and/or county codes), and maintaining the property in a safe and reliable manner.A tenant can sue a landlord for a slip and fall as long the tenant can prove the landlord was negligent and the negligence was the cause of the tenant’s personal injury (broken or fractured bone, scarring, or another serious bodily injury).

So when an appraiser looks at the data, if your home is the most recent sale then they will use that to adjust for their appraisal report which shows value is dropping. 

From a tax perspective, an LLC is a disregarded entity (meaning it is reported on your personal tax return) until you elect for the LLC to be treated otherwise. 

For example, could you scale and have the security of modest cashflow (somewhere between 2-5% after all expenses, including CapEX are accounted for), if you put 30% down? 

My payment (including escrow for insurance, taxes, etc) of $2500 would go to roughly $4500.

However, while we were cleaning up, we treasure hunted out at least $3000 stuff, including $300 cash on the floor, several un-opened Amazon boxes, new-in-box computer/gaming items, hair tool ($300), YouTuber's gadgets, new with tag heated jacket ($220), an unassembled exercise bench ($500 at least), so many new or near new stuff that you can sell.

But, a funny thing happened on our way to the Forum: we were able to learn first hand how to manage properties, deal with renters (including the House from Hell and the Renters from Hell on our 3rd property), what to look for in deals, etc.