In my experience I have found that most violations don't get to court, fines may be levied, orders issued and compliance required.You may be an attorney, if you are you would be in a unique position to defend your actions, most aren't so error on the side of caution is prudent business.There should be case law on the unauthorized practice of RE but I don't know of the specifics if they were dealing in leasing or options."

Jess, Levi is on target, your election of a business structure has little to do with any RE strategy, that's the cart before the horse.You need to start out understanding basic business activities and how and why you would use a company, you may not really need your first few deals in a company structure, people sell homes everyday in their own name who aren't even in business and profit from the sale, they buy too.

Thanks in advance Levi

They will either usually buy the judgment outright for about 10 to 15 cents on the dollar or do an agreement for 50/50 split of whatever is collected and the judgment company will file forms and process for garnishment or bank levy etc.

Many of these issues are an administrative nature, many agencies can levy fines without having to take you to court, but through administrative commission or board actions.

Excise $2,100 not 21,0000

The problem you run into Ohio is the school levies (does Colorado have those?).

Originally posted by @Jeffrey Levy:@Shawn Holsapple Hi Shawn, can you PM me a couple that you are satisfied with? 

One of the great risks of buying into a community with an HOA is the HOA can go broke and values will collapse, special assessments are levied (to pay for what should have been saved for over years), etc.A condo with no HOA means they're broke or found a way not to do any maintenance.

Regards,Levi