I would also like to know the purchase price and current market value.

I recently purchased my home in October 2023 (before starting my real estate investing journey), so I don’t yet have access to any substantial equity.

We use our HELCOC to fund our investment properties (purchase and rehab).

Id like to put a HELOC on it or redelop it after a few years, the whole points of purchase is this is a booming downtown area lot of development rights etc, dont want to be in a financial structure that banks will frown upon. 

Are you looking in any certain area of ATL and do you have a price range for a purchase price that you're targeting?

If not, I most definitely would reach out to the tenant, introduce myself and ask if they are going to be out by the 31st or the 1st, I would communicate  to the tenant as if I know they were told they are expected to leave, otherwise you may find they "do not know" they need to leave even if they actually know they need to leave....In the case they claim they are not aware they need to leave, you would need to follow the laws in the state you purchased the property, usually you can find that info on the states judicial branch or speak with a landlord tenant attorney. 

Are you trying to figure out what your strategy is going to be when you decide to move into your next property after this first time purchase?

When purchasing a rental in 2025, deciding on ownership structure (e.g., joint ownership vs.

Maybe it isn't worth it, but you should consider the numbers and decide...that could push you towards purchasing another rental. - You mentioned paying down/off a rental and needing to consider the tax implication.

It seems to me though your short term objective is to get the HOA to take immediate action on the roof.