-I hear condos are now charging outrageous amount of money for association fees and costs and people are selling their properties on account of this.

It saved a lot of time and money. 

(The property’s home state and your state of tax residence will both want money if they collect income tax.)If the property is only in his name you avoid all the taxes by waiting until his death to give your daughter the property.

Building relationships with bankers have always been my saving grace in these situations.

I'm an investor in Northern Virginia and i'll save your info for whenever we need a junk removal. 

So if I “lose” money investing after depreciation, expenses, mileage, then we get a tax refund because it offsets my husband’s salary.

If you pick your JV correctly you can make a lot of money.

Great tenant, really sad we still live in this era.The third tenant was an older lady whose only income was limited social security, but she had some savings.

Can I just let them choose how they want to get the money into the account?

It's another form of borrowing money.