Agree, our youngest daughter has been home office bound for >3 years (yes b4 Covid) & she is now interviewing for 'home office' staff to assist in the accounting/audit for the 3 (inter-related) corporations she is the financial officer for.

The owner must give the PHA any information requested by the PHA on rents charged by the owner for other units in the premises or elsewhere.Section 7 a3. the PHA shall not be obligated to pay any late payment penalty if HUD determines that late payment by the PHA is due to factors beyond the PHA’s controlSection 11 b & c The PHA, HUD and the Comptroller General of theUnited States shall have full and free access to thecontract unit and the premises, and to all accounts and other records of the owner that are relevant to the HAPcontract, including the right to examine or audit the records and to make copies.The owner must grant such access to computerized or other electronic records, and to any computers, equipmentor facilities containing such records, and must provide any information or assistance needed to accessthe records.That last part is a deal killer for us and we would never agree to allow that kind of access to our business records.

The biggest red flag outside of audited financials for me is the "guru" course sponsor.

I know it’s a pain but it’s super necessary and will make your accounting team very happy.You’ll thank yourself if you happen to get audited one day.

If the company has excessive complaints the division will begin to audit ALL of the companies files.

I used to work for a non-profit and were getting unaffordable quotes for a simple audit, about $5,000 to conduct an annual one.

We had to bring on an energy audit firm to test and certify the work before and after construction.Beyond the planning, permitting, and historic reviews, the rest of the project runs as any major renovation projects.

They're still trying: https://www.sandiegouniontribune.com/news/california/story/2019-08-03/homeless-shared-housing-venice-beds-shelterMeanwhile, government funding leads to excess costs, 600K per unit: https://www.sandiegouniontribune.com/news/homelessness/story/2019-10-08/homeless-housing-bond-measure-audit-shelters-galperin

It could be that they were audited by the jurisdiction, had to pay the jurisdiction taxes owed and penalties, and from a business perspective, they are trying to pass that ongoing tax onto their customers.  

Others dislike it because you have to go through an audit, to be approved to take section 8.