Hopefully, using this site, I can meet business like people and share ideas, methods, successes and failures. 

Now he is worth multiple billions as Cirque du solei's owner and founder, but if they failed his story would have been different... it would just be the tale of hitchhiking back to Canada as a failure.  

I would like to discuss the successes and failures of local investors.

Failure to disclose would be loan fraud on her part and you would be contributing to that crime.  

Failure to comply can result in a $12,000 fine (and they do enforce the rules, which are easy to enforce seeing as short term rentals are almost always advertised on a handful of websites that anyone can see including code enforcement agents).

If it lasted 50-60 years and it is still good enough today, you would not be improving things by putting in new stuff with a planned failure/obsolescence built into the manufacture in 5 years.

Thank you to everyone sharing there stories of success and failure George

They agree that failure to file any written notice of defects will be legally binding proof that the property is in good condition at the time of occupancy.18.TENANT RESPONSIBILITY:Good housekeeping is expected of everyone.

The odds of all 20 units have an air conditioner failure in the same year is very small.

Time to have a heart to heart conversation with the property manager over your expectations and their failure to meet them.