If you’re referring to a special assessment, the ones for major expenses not covered by the regular dues, then maybe.  

However investing in DIRECT real estate investments differs considerably from investing in mutual funds, index funds, bonds, money market and REITs that most investors are familiar with.  

You found a PM who's specialized to this exact market and property type.

Anybody here specialize in multi families in the Phoenix area, and is also an investor themselves?  

Not only that he gets stepped up basis and sell with no tax  double check that with accountant but I think that is correct.. then take the cash put it in 5% gov bonds for now then get up to speed and see what you really want to do. 

Is there a type of mortgage insurance or bond you can get for owner financing that secures his position? 

Some lenders specialize in asset-based lending, considering rental income on Schedule E, especially if you have strong rental history.

Expertise and Experience: Property managers have specialized knowledge in managing properties, including understanding local market trends, legal requirements, and tenant relations.

("ORES"), for preparing false and misleading correspondence to investors in a xxxx fraudulent mobile home investment scheme.According to the SEC's Order, ORES is a Texas-based company that claimed to specialize in the fixing and flipping of mobile homes throughxxx  investor funding.

If you do not like bookkeeping/accounting/technology, hire a bookkeeper specializing in real estate investors.