We were interested mostly older homes with all of that character that seems to be harder and harder to find nowadays.  

Hi @Ralph Miller,Most of the answers to your questions is answered by just defining responsibility in your lease. 

Keep in mind you don't have to sell at a defined point (say 5 years). 

In the end, I feel that these costs shouldn’t be considered unless they are excessive, however one would define that.

I'm not convinced any of this is really about helping people or providing "affordable" housing, however that term is actually defined...  

A draw is just a pre-defined agreed upon payment. 

Equity isn’t defined by the cash you put in the deal.

(1) Any person who as owner or lessor performs any of the acts defined in KRS324.010 with reference to property owned or leased by him or to his regularemployees, with respect to the property so owned or leased, if the acts areperformed in the regular course of, or as an incident to, the management of theproperty and the investment in it

He's a fictional character on NBC's Parks and Rec.

Here is your definition of absorption rates in real estate: The absorption rate is defined as the rate at which homes that are available in a market are sold over a given time frame.