You have the option of selecting a city inspector or private inspector (who is a regular home inspector on RRIO's approved list- we went this route), and he inspected the units the city requested, plus the exterior, roof, common areas...  

I'm wanting to hold it for 5-10 years and then sell it.It is 2 miles from a large equestrian center and people ask to rent the 7 stall barn regularly.

Im not a CPA but make sure to verify with one before going the short-sale route...

If you are looking to rehab and flip properties getting to work with a general contractor is priceless, and also getting some time with a mentor that could show you the ropes is another route to go while working full time.Good luck!

You can simply join as a regular  member.

What one investor will say can't be done, another will do on a regular basis.And just like other factors, property taxes vary in LA from one municipality to the next.CSM (RET) Robert Leonard

Most don't, even if they allow regular rentals.

A good management company, if working with a good board, will keep everyone informed on a regular basis, regardless of whether you live in the community or not and regardless of whether it's law or not.  

Because of her being turned down we are considering going the conventional route or possibly commercial for a 5+ unit.

Experienced on the rental side, and not too interested in going that route right now, but rather would like to find a team on the flipping side of things.