I have a Bryant furnace roughly 40 yrs old, still working but sometimes it does not stop thru the thermostat control.

If so, the Association usually insures and controls the exterior of the building. 

Personally, I'd avoid that because it means high prices and huge HOA fees and you have no control over your revenue stream so this isn't the best way to get a great ROI.

Best of luck and feel free to add me as we both venture on our real estats journeys!

I am an attorney who would like to use REI for passive income and financing other ventures.

., more than half of the calendar year) for the Borrower's personal use and enjoyment·The Borrower may rent the property on a short-term basis provided that the property is not subject to any rental pools or agreements that require the Borrower to rent the property, give a management company or entity control over the occupancy of the property, or involve revenue sharing between any owners and the developer or another party·The Mortgaged Premises must be in such a location to function reasonably as a second home·The second home must be suitable for year-round occupancy with the following exception: a second home with seasonal limitations on year-round occupancy (e.g., lack of winter accessibility) is eligible provided the appraiser includes at least one comparable sale with similar seasonal limitations to demonstrate the marketability of the subject property.

Many have, for all practical purposes, lost decision making control. 

We are struggling to decide between two different areas to begin our real estate ventures.

My name is Jorge and I am finally venturing into the BP forums.

You will be required to pay a 30% down payment, 25% if you have nurtured a relationship, and have experience in commercial ventures.