I personally steer clear of properties with any significant structural issues.

One of the downsides of a condo is that you're not steering your own ship(demolition/construction/dramatic altering of floorplans may be challenging or impossible in certain condo situations,) but one of the upsides is that you're not steering your own ship(problems with the roof?

The gospel of Dave can be treacherous, he is not entirely wrong but will steer you away from ANY leverage and thus cost you years of possible investing.  

There are such things as bad advice, well-intended people who steer you wrong, and ill-intended people.

I think you are better off steering away from the new builds and looking for something in a better area for the same price or most likely less with better cash flow and even more units.

It may also be that local banks would rather not deal with the onerous regulations of an FHA loan and instead are steering you towards other products. 

NOT happy, she should have steered/directed more and I should have done my home work better on finding the correct agents. 

Should I transfer the deed to me and market to buyers at a really low price or steer clear?

These "grey-hairs" can also steer you toward the other critical team members you'll need, including attorneys, insurance brokers, mortgage brokers, and contractors.Once you do this you won't be alone for long!

I would be happy to discuss with you and try to steer you in the right direction.