I also work for the Federal Government full time.

You might need to clarify the status of your license (if differences exist in CA) to get the same answer from two different government bodies.

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.