I know have it as a Section 8 house and the government pays most of the rent every month like clockwork.

It's especially rough to realize that there's the state government, the university, and several major employers all of whom bring in renters!

We have one very regular senior poster who has worked in government his whole life, and is so in love with big stateism he posted on one of these ubiquitous "LLC vs.

Here you go: Assessed Value Definition:Assessed value is the value of a property as of a certain date (usually January 1st) according to the tax rolls of your local government jurisdiction (county or city).

If it's a common area drain pipe (that services more than one unit), check your governing docs as the HOA may be forced to pay for repairs in your unit.Often, the unit owner is responsible for the line servicing just their unit until it hits the main stack, which is where the association picks up responsibility.  

It would take a huge amount of subsidies to keep a lot of these neighborhoods afloat as-is (there are numerous government programs to entice contractors to build/rehab in specific run-down areas of various cities with money to help build/sell/etc.) 

Also remember, the GOVERNMENT is most interested in getting Single Family homes into the hands of owner-occupied. 

The law fails to explicitly require any PM to follow State HOA laws and the governing documents of the HOA managed.

I found this:§ 5307.01Tenants in common, survivorship tenants, and coparceners, of any estate in lands, tenements, or hereditaments within the state, may be compelled to make or suffer partition thereof as provided in sections 5307.01 to 5307.25 of the Revised Code.The content of the petition is governed by statute:§ 5307.03.A person entitled to partition of an estate may file his petition therefor in the court of common pleas, setting forth the nature of his title, a pertinent description of the lands, tenements, or hereditaments of which partition is demanded, and naming each tenant in common, coparcener, or other person interested therein, as defendant.The Court orders partition:§ 5307.04.If the court of common pleas finds that the plaintiff in an action for partition has a legal right to any part of the estate, it shall order partition of the estate in favor of the plaintiff or all interested parties, appoint one suitable disinterested person to be the commissioner to make the partition, and issue a writ of partition.

In these times of deficit government spending, self directed IRAs are an increasing target because the penalties are so harsh and the subsequent tax windfall is so high for the government.Be careful, my friend.