You would be performing an act regulated by the State of Ohio.

First thing would be following jawsette's advice and check local codes and regulations.

I have tried the local banks..they will listen..but they tend to value their notes a little to high..a lot of them are waiting for the new accounting regulations to dump some.

Having been a resident there I know first hand the level of regulation there.

If the regulators cannot get their hands on those MoFos, I'm glad some judges have the guts to do it.

There can be emergency assessments, and you have little choice but to pay.You also need to inspect the entire building and grounds, because that all needs maintained, ALL of the hoa paperwork: Articles of incorporation, ccrs, bylaws, rules and regulations.

This generally means that your other properties can't be attached in the event of a lawsuit as long as you follow regulations and laws.

Regarding Donna - MI companies have been and are likely to continue to be the fly in the ointment, and the regulations do not address or compensate them.

Also, banks don't fall under most DRE regulations.

There used to be a lot more of these types of lenders, but since the downturn and with tighter regulations, these are fewer of them around.