The association's lien for assessments, for charges for late payment of those assessments, for reasonable collection fees and for reasonable attorney fees and costs incurred with respect to those assessments may be foreclosed in the same manner as a mortgage on real estate but may be foreclosed only if the owner has been delinquent in the payment of monies secured by the lien, excluding reasonable collection fees, reasonable attorney fees and charges for late payment of and costs incurred with respect to those assessments, for a period of one year or in the amount of $1,200 or more, whichever occurs first, as determined on the date the action is filed.

In my area if it's > 4 units it'll be a commercial loan anyway, even if you occupy a unit.Lenders will prefer foundation-built over any manner of prefab for LTV and interest numbers, and in some locations they won't do prefab at all.For a tear-down and construction project, analyze it like you would an investment deal on an existing property. 

We've repaired all her issues in a timely manner of course, most recently her fridge has been leaking, so we set up an appointment which she failed to confirm three times in three days.

My obligation is to keep the property is good repair, as I demonstrated with repairing the AC problem in a timely manner.

What are the tax implications on a money transfer when one partner buys into a property in this manner?

The Buyer and the Seller understand and agree that the Broker neither warrants norassumes responsibility for the physical condition of the premises.IT IS NOT THE INTENTION OF THIS PROVISION TO PERMIT THE BUYER TO TERMINATE THISAGREEMENT FOR COSMETIC OR NON-MATERIAL CONDITIONS.Buyer shall be responsible for the repair of any damages caused by the Buyer’s inspections and tests;repairs shall be completed in a timely and workmanlike manner at Buyer’s expense.6.2 Seller shall cooperate in making the premises reasonably available for inspections and/or tests.6.3 Specified Inspection Period: Buyer shall have ____________ (not applicable if the number ofcalendar days is not inserted) calendar days after the date of acceptance of the contract by both parties to have inspections, environmental inspections, and/or tests completed.

As mostly others have said, you can certainly do whatever rehab work you need to, you will have to inform your tenants and work with them in a reasonable manner. 3) Lenders here are pretty good if you take the time to shop around.

And as he mentioned, numbers on paper are not everything…make sure you’re digging into the market itself and making sure the numbers are real and sustainable.

I live in LA and I actually had been thinking of investing out of state but my aim is to build long term, sustainable wealth and I'd love to be closer to the properties so this is all making me rethink investing in SoCal. 

The best way to approach it is in a very simple and clear manner.