In this situation one company essentially has  complete control over the condo association.

These items I mentioned are the only real fail-points, since the rest of the heater is essentially just a metal bladder and burner.

If so, you would likely need to lower your rent a little or you will have a difficult time keeping the building full.Our experience is that a garage is nice but not essential, however, off street parking is certainly a huge bonus.The area of Lakewood has a big impact but the 2 bedrooms can run from $600-700 in the city.

Showing that we’re serious and fully committed is essential before most people would want to join us in our venture.

Essentially we both should be on title but he can't be on the hook for the mortgage in 1-2 years.

Maybe you can't do that in your neighborhood, but I can, and it builds a huge sense of trust and sense of safety with the guest.

Those entities are essentially governed by the Federal Government.  

What kinds of inspections should I have done before and or after putting in an offer on a property?

I've been trying to purchase a rental property for the better part of a year now. It just seems like anything available on the market never works when I really look at the numbers. Here's an example of a current place...

Families that are looking for a home that have small children may be turned off by a pool due to the safety risk, but your experience may vary in the Midwest.Best of luck.