Should I essentially just keep as is and as new people come in explain no smoking, add a pet deposit that’s non refundable, and year lease?

Essentially, subtract your estimated share of the shortage, from what you thought your condo was worth.I always recommend clients that own condos to participate (at least periodically) in the regular monthly HOA Board meetings (or better yet, run for a seat on the Board), and educate themselves on how condos are supposed to operate by joining a local chapter of the Community Association Institute and making use of their resources, including seminars on key topics such as budget and finance, contracts, insurance, and many other relevant topics.A single unit in a well and fairly run HOA can certainly appreciate as much or more than a single family home, depending on local market.

Essentially, using the inherited $750k to become the bank and securely lend money to others for the truly passive, real estate-backed, cashflow experience.

Essentially, municipalities have legislated minimum rental periods for home rental, usually 30-60 days.  

Essentially access to live team members who can support you in the deal construction as well as potentially introducing you to sponsors and other network members to partner with.  

Usually there is some language in the lease saying essentially that they have seen the property and accepted that it is in habitable/decent condition. 

Regardless of where you invest it is essential that you have the right team to assist you in building a successful portfolio.

The federal government essentially guarantees to the bank that the money they loan will be repaid.

I agree that house hacking is such a powerful starting point because if done right, the owner can essentially live for free while still benefiting from principal pay down.

Note that products like Investorfuse have been created to address some of the challenges of "DIY Podio" Investorfuse is essentially turn-key Podio for REIs, and they offer both a Monthly Plan and a Yearly Plan.