Maybe I will just have to spend a weekend in one of the cities.kson Wu  You basically summarized all of my concerns about the SGV into a few paragraphs. 

As a going concern I believe those assessments would be interited under California law.

I guess the seller's attorney thought it wouldn't hurt to ask me...I agree re: being concerned about the HOA's lack of responsiveness.

They're more likely to be extremely picky and may end up being a headache down the line, but that's something you'd have to gauge on an individual basis.

So, the best rates are usually with shorter balloon periods like 5 or 10 years.When the balloon period is coming due, you just reset the balloon period for another period term or refinance with another lender.the only thing you have to be concerned with would be early payment penalties if you try to refinance too early.

You have to take in to account that they will be working the hardest when the weather is the most extreme whether it be hot or cold.

Basically, instead of testing every outlet and door handle, he is inspecting the larger and more concerning items, i.e. electrical, plumbing, HVAC, roof, drainage, attic space, foundation, crawl space/basement, etc.PM me if you want his info.

If you qualify anyway, you would probably be better off just getting conventional loan in your own name.Another concern is that co-borrowing with an LLC could be the equivalent of co-mingling funds, so you run the risk of making the LLC useless anyway. 

What I mean is...is he a handy man that is extremely good/reliable and that you never want to lose?

The more though I heard people’s concerns about becoming a real estate agent I quickly let the doubt set in about coming and am still in my current job in new construction as an estimator and purchaser.