Custodian is not responsible for what takes place in your IRA - you are 100% responsible. 

Either way, here's what you need to know:-Figure out the HOA rules and responsibilities. 

I stopped doing bandits as the response rate declined drastically.  

So never let them do repairs on their own or out of their own pocket that they aren't responsible for.

You would be responsible for the tenant.

Commercial lenders will not necessarily focus only on the asset if its a single family property, they will definitely want to see that you're financially responsible and have a decent credit score.

Appreciate the response.

Thanks so much for your response @Brent Coombs ! 

Hi Everyone,I apologize for the delayed response just finishing up final exams.

Over the two years or so we were doing it, our response rate was less than 0.25%.