It is the repair and maintenance activities that can consume considerable time.

The CA Dept of Consumer Affairs addresses the issue of replacement cost:"Suppose a tenant has damaged beyond repair an eight-year-old carpet that had a life expectancy of ten years, and that a replacement carpet of similar quality would cost $1,000.

Locally, we were told last week about a pending matter for exterior paint removal without proper certification or safety measures.Here is the link for the EPA published guide explaining the rule: http://epa.gov/lead/pubs/sbcomplianceguide.pdf Our understanding is that the EPA has spent the last year just catching up, and we are scheduled to be at a conference where the EPA will outline their plans to enforce compliance & educate the consumer to more adequately ensure compliance.

In no time I had a website up eagerly attempting to advertise properties that I didn't own to consumers.

You will have to do a lot of research on how to negotiate with banks, and it would be very time consuming.

I would seek legal council and possibly file a consumer complaint with the state's attorney general.

These amounts are adjusted periodically to reflect changes in the consumer price index.

Tenants agree that any damages to Property caused by Tenants will be fixed by Tenants at no cost to Owners.ALL OTHER PROVISIONS not delineated herein shall be in accordance with Landlord Tenant laws of the Grand State of Oklahoma, Tulsa County, so help us God, forever and ever, Amen.

If the IRA owns the property any income from the property MUST go back into the IRA forever.

Consumer Advocate/Reporter/Radio Personality, Tom Martino, used to scare the YouKnowWhat out of me listening to his reports of rogue HOAs.