I initially started with a belief that we could form a REIT but after a few Google searches it seemed like the regulations to acquire this structure did not seem attainable.

But 2 universities in the area are doing well & government employers (military and federal prison complex) have driven the economy along and I'd expect the city to continue to improve.Jennifer Atterson is a realtor I worked with in TH who was fantastic and I'd recommend her to an REI buyer.

That the courts are hiring outside firms to take care of surplus.  4.That  GA regulations cap fees at 10 percent.

So at the time they were built, if they had specific stairway width etc.. they should be all set since they were made before new regulations were introduced 

If you have no recourse, it would be better to sell than to let this HOA interfere with your business forever.These growing HOA abuses are an illustration of how little help normal people get from state and local governments.

It is a government program where HUD (housing and urban dev), pays the landlord a portion or all the rent.Depreciation is tax related.

Before you proceed take the time to study your state landlord tenant regulation.

Cons: 1. 4+ family in NJ is subject to state regulation/inspection/tenant protections.

They bid every government contract that they could find for electrical work and eventually found a contract in California around 2005.

Your local zoning officer would be the first place to start, then there should be some state board that regulates hotels, they would have some input.FWIW: really bad idea.